Financial and Corporate
Our news archive is designed to provide journalists and commentators a look back at previous news and comment from LV=. Members and customers should not rely on the information within these pages to form the basis of investment or other financial decisions. If you're a member or customer looking for information on our products, services and advice please visit our main website. For our latest news, see our newsroom.
November 2024
October 2024
Life and Pensions
Financial and Corporate
September 2024
May 2024
LV= appoints Protection Proposition Director
Investment, protection, retirement and in-house advice specialist LV=, has appointed Gary Beyer as its new Protection Proposition Director.
Gary will join LV= in July and has nearly 25 years of experience in the financial services industry. This includes senior positions at Royal London, Scottish Widows…
Life and Pensions
April 2024
LV= protection claim payouts hit £135 million in 2023
Leading life and pensions mutual insurer LV= paid individual protection claims totalling £135m during 2023, up 6% since 2022. LV= supported more than 8,000 claimants and their families paying 94% of all individual protection claims including life, critical illness and income protection.
About…
Life and Pensions
LV= completes its transition to BlackRock as primary asset manager
Investment, protection and retirement specialist LV= has completed its transition of asset management services to BlackRock.
Last year, following a competitive and robust tender process, BlackRock was announced as LV’s new primary asset manager.
This milestone means BlackRock has now taken responsibility…
Life and Pensions
March 2024
LV= announces 2023 financial results
Resilient business model and focused strategy deliver positive value for members
Investment, protection and retirement specialist LV= announces its financial results for the year to 31 December 2023 and publishes its Annual Report (LV.com/annual-report).
Key financial and operational highlights:
…
Financial and Corporate
February 2024
UK adults are feeling more financially comfortable compared to a year ago
About LV=
LV= is one of the leading life and pensions mutual insurers, serving over 1million members and customers across the UK. As an investment, protection and retirement specialist, LV= offers a range of products, services and advice to help members and customers protect their income while they’re…
Life and Pensions
8.5m UK adults are at least £20,000 in debt with parents feeling money pressures most
About LV=
LV= is one of the leading life and pensions mutual insurers, serving over 1 million members and customers across the UK. As an investment, protection and retirement specialist, LV= offers a range of products, services and advice to help members and customers protect their income while they’re…
Life and Pensions
January 2024
LV= appoints Chief Commercial Officer
Investment, protection and retirement specialist LV= has appointed Katherine Carnegie as Chief Commercial Officer, subject to regulatory approval.
Katherine joined LV= in 2012 and has extensive experience of developing distribution strategies and a track record of driving innovation and growth.…
Life and Pensions
December 2023
Proposed substitution of LV Bonds Plc as issuer of certain securities
PROPOSED ISSUER SUBSTITUTION OF CERTAIN SECURITIES
Liverpool Victoria Financial Services Limited (trading as LV=)
LV Bonds Plc
18 December 2023
Proposed substitution of LV Bonds Plc as issuer of certain securities
With effect from 18 December 2023 (the “Substitution Date”), subject…
Life and Pensions
LV= completes next phase of asset management transition to BlackRock
Investment, protection and retirement specialist LV= has completed the next stage of the transition of assets to BlackRock.
In April 2023, BlackRock was appointed as LV’s primary asset manager to replace Columbia Threadneedle Investments. In this next phase, all existing Smoothed Managed Funds…
Life and Pensions
November 2023
42% of UK adults continue to see finances deteriorate – new LV= research
22 million British adults saw their finances deteriorate in the three months to September despite signs financial resilience is stabilising, according to new research from investment, protection and retirement specialist LV=.
Findings from the Wealth and Wellbeing Research Programme, a survey of 4,000…
Life and Pensions
October 2023
LV= launches new ‘lifestyle’ range of equity release products
Investment, protection and retirement specialist LV= is extending its range of later life mortgages by launching two new equity release products as part of a new funding partnership with Scottish Widows.
Launching on 7 November, the new LV= Lump Sum Lifestyle and Drawdown Lifestyle products will…
Life and Pensions
Almost a quarter of people are worried that they will experience a mental health issue in five years
Research from investment, protection and retirement specialist LV= reveals that many people are prioritising their mental wellbeing this World Mental Health Day.
The LV= Wealth and Wellbeing Research Programme* - a long-term quarterly survey of 4,000 UK adults – highlights attitudes towards the…
Life and Pensions
September 2023
New LV= wellness tracker finds more than 40% of UK adults are struggling financially
Twenty two million UK adults are financially struggling today, leaving the nation’s financial resilience at an even lower ebb than during the height of the Covid-19 pandemic, according to data from investment, protection and retirement specialist LV=.
According to new research from LV=, over one…
Life and Pensions
More people need to review their protection cover after life events to adequately protect their income
42% of all protection policyholders have experienced a change in personal circumstances since taking out their cover
Out of those respondents, just 19% made adjustments to their cover
Yet over a third of those had not considered if any changes to their cover were required
Research…
Life and Pensions
August 2023
A third of mortgage holders don’t think they will pay off their mortgage by age 65
28% of homeowners surveyed would consider a lifetime mortgage
A quarter of those surveyed found fixed early repayment charges reassuring when considering taking out equity release
Research from investment, protection and retirement specialist LV= reveals that growing numbers are expecting…
Life and Pensions
June 2023
23m say they are struggling with their finances
26m remain worried about rising energy bills
Research from investment, protection and retirement specialist LV= shows how millions of people continue to describe their financial situation as struggling.
The LV= Wealth and Wellbeing Research Programme* - a long-term quarterly survey of 4,000 UK…
Life and Pensions
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