Media centre archive

Browse through our archive of press releases and media statements

Our media centre 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. Check out our latest press releases and media statements.

October 2021

September 2021

LV= joins Brilliant Solutions equity release panel

Savings and retirement expert LV= is announcing a partnership with Brilliant Solutions, offering its brokers access to LV= Lifetime Mortgage products. Brilliant Solutions is a direct to lender mortgage club specialising in mortgages, bridging and secured loans. With access to LV= Lifetime Mortgage Lump…
Life and Pensions

Covid pandemic makes millions consider alternatives to care homes

Research from pensions and retirement specialist LV= highlights how the Covid-19 pandemic has left millions of people considering alternative long-term care options to living in a care home. The LV= Wealth and Wellbeing Monitor* - a quarterly survey of 4,000+ UK adults – reveals: 60% (31.6m)…
Life and Pensions

Pensions and retirement remain taboo for married couples

Over 15m (78%) of married people have no idea what their spouse’s pensions are worth 47% of married people have not spoken to their spouse about their retirement plans 85% of married people aren’t aware of the benefits of planning retirement together But if they were to…
Life and Pensions

August 2021

10m pension holders running out of money in retirement

LV= Wealth and Wellbeing Monitor highlights consumers don’t know their retirement options but are reluctant to take financial advice 8m plan a DIY approach to retirement, but many don’t know how to avoid running out of money, avoid big tax bills or leave an inheritance Research…
Life and Pensions

July 2021

LV= launches income protection products for mortgage holders and renters

About LV=: LV= is a leading retirement and protection specialist. 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 to people of modest means. Today we follow a similar…
Life and Pensions

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

Fewer people are worrying about money, losing their job or contracting Covid-19 People are spending more and saving less as lockdown eases 12.5m** people are worried about rising inflation Holidays, socialising and days out with family are priorities for people after lockdown Research…
Life and Pensions

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…
Life and Pensions

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…
Life and Pensions

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…
Life and Pensions

LV= appoints new CFO and COO

Savings, retirement and protection specialist LV= is pleased to announce the appointment of Barry Cudmore and Harry Hanscomb as Chief Financial Officer and Chief Operating Officer respectively. They will join LV= in early September and report to Mark Hartigan, LV= Chief Executive. Barry Cudmore is…
Financial and Corporate

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.…
Life and Pensions

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…
Financial and Corporate

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 …
Life and Pensions

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…
Life and Pensions

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…
Life and Pensions

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…
Life and Pensions

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…
Life and Pensions

March 2021

Nearly 10m expect their finances to improve over the next 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…
Life and Pensions