Press release archive

Browse through our archived press releases, statements and blogs

This section is designed to give journalists and commentators the latest news and comment from LV=. Customers should not rely on the information within these pages to form the basis of investment or other financial decisions. If you're a customer looking for information on our products and services, please visit our main website.

September 2021

August 2021

July 2021

LV= launches income protection products for mortgage holders and renters

30% (4.3m) of mortgage holders and 43% (3.4m) of private renters are worried about money But only 12% of mortgage holders and 5% of private renters have income protection insurance to provide an income if illness of injury stops them working LV= is launching Mortgage and Rent Cover for…

9.5m say their incomes have increased in the last three months

About LV= LV= is a leading financial mutual and serves over 1.3 million members with a range of financial products. When we started in 1843 our goal was to give financial security to more than just a privileged few and for many decades we were most commonly associated with providing a method of saving…

LV= strengthens Smoothed Managed Funds to include ESG criteria

Savings and retirement specialist LV= is adapting the investment strategy of its Smoothed Managed Funds to include greater emphasis on environmental, social and governance (ESG) criteria. To ensure that the asset allocation across smoothed fund portfolios are in line with UN Sustainable Development…

June 2021

Timing is everything when you think about taking your pension

This article originally appeared in The Sunday Times There are many things you have to think about when investing in retirement: how your money will fare in the stock market, how long you may need an income for and whether the amount you withdraw from your pot each year is sustainable. The calculations…

LV= cancer claim protection payments hit £15m

LV= anticipates rise in claims in second half of the year and into 2022 £15m of cancer claims paid out during January-May 2021 reflect similar levels seen in 2020 Protection specialist LV= has paid over £15m in cancer-related protection claims to more than 200 families in the first…

LV= extends doctor services to policyholders’ partners

Includes second opinion service and unlimited virtual GP consultations LV= is extending Doctor Services to include the spouses and partners of protection policyholders. LV= Doctor Services gives policyholders access to six expert medical services in one handy app or by simply calling Square Health.…

May 2021

Special General Meeting update

Savings, retirement and protection provider Liverpool Victoria Financial Services Limited (“LV=”) advises that the timing of its Special General Meeting (SGM) and Members Meeting has been moved from the first half of the year. All eligible members[1] will be invited to vote on the proposed…

11m women are exhausted due to added pressures of the pandemic

Research from protection specialist LV= reveals how the coronavirus pandemic is impacting the nation’s mental health.  The latest findings in the LV= Wealth and Wellbeing Monitor indicate that: Women’s mental health has been affected more than men’s by the Covid-19 crisis …

14m Britons fear falling victim to pension scams

14% (7.6m) adults say they have received unsolicited emails, texts, call from people encouraging them to transfer or release money from their pension Nearly half 47% (25m) say pension scams are hard to spot, but only a third (32%) say they know how to report a scam 38% (20m) people want…

April 2021

LV= adds pension to smoothed managed fund range and improves charging structure

Smoothed Pension starts smoothing from day two Tiered charging structure now includes aggregated fund discounts based on holdings across multiple LV= Smoothed Managed Funds Savings and retirement specialist LV= is launching Smoothed Pension to complement its range of Smoothed Managed…

5.8m plan to use their home to help fund retirement

Consumers increasingly expect financial advisers to consider property as part of retirement planning Consumers would be most likely to consider equity release if they needed to make home improvements for medical/ mobility reasons Research from savings and retirement specialist LV= highlights…

4.4m save over £10,000 due to covid restrictions

72% (38m) UK adults said that in the last 12 months their household saved money as a result of reduced spending due to Covid-19 (E.g. reduced commuting costs, childcare costs, eating out costs Those that saved money saved on average nearly £5,500 during the last 12 months, but one in…

March 2021

Nearly 10m expect their finances to improve over the next three months

Vaccine roll-out leads to big fall in number of people worried about contracting covid  Although millions still worry about state of their finances and future earnings, sentiment is improving Research from pensions and retirement specialist LV= highlights how the financial confidence…

LV= announces 2020 financial results

Life, pensions and investments business LV= announces its financial results for the year to 31 December 2020 and publishes its annual report. Strategic and operational highlights Completed comprehensive strategic review and announced sale to Bain Capital Credit representing an excellent outcome…