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 2020

Lockdown and social distancing leave one in four feeling lonely and isolated

59% of 18-24 year olds have been stressed or anxious in the last three months Around one in ten have used mental health support services online Research from protection specialist LV= reveals how the Coronavirus outbreak is affecting the nation’s mental health. The latest figures from…
Life and Pensions

LV= pays more than £6m for coronavirus claims

Protection specialist LV= has paid more than £6m in coronavirus-related income protection and death claims to 5731 individuals and families. 384 Death claims paid LV= received 384 coronavirus-related death claims from members totalling over £6.02m, including non-underwritten life policies.…
Life and Pensions

September 2020

LV= launches equity release direct channel with Age Partnership

Customers who contact LV= about equity release will be referred to Age Partnership Pensions and retirement specialist LV= has agreed a new partnership to advise customers contacting them directly about taking out an equity release plan. Clients who contact LV= enquiring about equity release…
Life and Pensions

August 2020

LV= launches equity release drawdown product and adviser portal

Savings and retirement specialist LV= is expanding its presence in the equity release market with the launch of a new platform supporting all its current products and the launch of a new drawdown product – Lifetime Mortgage Drawdown+. Using the LV= Equity Release Portal, advisers can produce…
Life and Pensions

July 2020

Coronavirus outbreak leaves one in three worrying about their finances

But the finances of comfortably well-off households are less affected Research from retirement specialist LV= highlights how the finances of the UK’s households have been affected by the coronavirus outbreak. A survey* of the experience and financial position of 4,000 UK consumers reveals that: …
Life and Pensions

LV= extends and revamps flexible protection plan

Adds Family Income Benefit with monthly benefit payments, including guaranteed increase options and improved terminal illness cover With new Enhanced Children’s Cover including additional child-specific conditions, pregnancy complications and increased payments. LV= is making a series…
Life and Pensions

Coronavirus takes its toll on UK’s mental health

About LV=: LV= is a leading financial mutual. 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 purpose, helping…
Life and Pensions

LV= simplifies pension range charging structure

LV=, the retirement and protection specialist, is introducing a new charging structure for pensions taken out from July 2020.  The changes have been introduced following a market review and research with financial advisers, and are designed to ensure LV=’s range of pensions remain easy to…
Life and Pensions

June 2020

LV= statement regarding press speculation

The board of Liverpool Victoria Financial Services Limited (“LV=”) notes the recent press speculation regarding a possible transaction in relation to its business. LV=’s Board is fully committed to maximising long term value for its members and is therefore assessing a wide range of…
Financial and Corporate

LV= Processes nearly 500 Coronavirus claims worth £3.7m

Protection specialist LV= has handled £3.7m in coronavirus-related income protection and death claims to 470* individuals and families. Personal sick pay Two months after its first COVID claim, LV= has paid out 150 pandemic-related claims to policyholders with short waiting period Personal Sick…
Life and Pensions

May 2020

LV= introduces premium reduction option for protection policies

Protection specialist LV= is introducing a premium reduction option for existing protection policyholders, providing additional support and reassurance for those suffering financially through COVID. Customers with income protection, critical illness, life insurance and business protection policies1…
Life and Pensions

Mental health accounts for 29% of LV= Income Protection claims

Figures from protection specialist LV= reveal claims for mental health account for 29% of income protection claims. As part of Mental Health Awareness Week (18-24 May), LV= is highlighting the support services available for members struggling with mental health issues. The theme for Mental Health Awareness…
Life and Pensions

LV= Pays £2.5m for nearly 300 Coronavirus claims

Protection specialist LV= has paid out more than £2.5m in coronavirus-related income protection and death claims to nearly 300 individuals and families. Up to 30 April 2020, LV= paid out 146 COVID- related claims to policyholders with short waiting period Personal Sick Pay policies*. All these…
Life and Pensions

April 2020

LV= Protection claim payouts hit £100 million in 2019

  New figures reveal that protection specialist LV= paid record individual protection claims totalling £100 million during 20191. LV= supported more than 8,1001 claimants and their families paying 94% of all individual protection claims including life, critical illness and income protection. LV=…
Life and Pensions

March 2020

LV= Announces 2019 Financial Results

Mutual life pensions and investments group LV= announces its financial results for the year to 31 December 2019 and publishes its annual report. Strategic and operational highlights: Completed the sale of LV= General Insurance to Allianz. Converted from a friendly society to a company limited…
Life and Pensions

February 2020

Retire? No thanks – We’ll carry on working

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

LV= appoints Lynzi Harrison as heritage director

Savings, retirement and protection specialist LV= has appointed Lynzi Harrison to the newly created role of heritage1 director, reporting directly to Mark Hartigan, LV= Chief Executive. Lynzi is currently LV=’s customer experience director and joined in May 2019 from Old Mutual Wealth where she…
Life and Pensions