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.

February 2020

LV= introduces tiered charging structure on personal pension

LV=, the retirement and protection specialist, is introducing a tiered charging structure on its personal pension. Charges on the LV= Flexible Transition Account will be reduced for customers investing more than £100,000, and a client investing £300,000 into an LV= pension would pay a total…
Life and Pensions

January 2020

LV= makes substantial changes to critical illness cover

What's new? Enhanced comprehensive cover and support for cancer includes new payment at diagnosis  Wider coverage for children as standard now up to age 23 and new ’Junior option’ Extended and simplified enhanced payments, now including  enhanced organ benefit and…
Life and Pensions

December 2019

LV= appoints Mark Hartigan as Chief Executive

Savings, investment and protection provider LV= announces that Mark Hartigan has today been appointed chief executive with effect from 01 January 2020 on an initial 12 month contract, subject to regulatory approval. Mark Hartigan was part of the senior leadership team at Zurich Insurance Group between…
Financial and Corporate

LV= joins Mortgage Advice Bureau Protection Panel

Mortgage Advice Bureau (MAB) has added LV=’s Personal Sick Pay and Income Protection plans to its protection panel. With more than 1,400 advisers across the UK, Mortgage Advice Bureau aims to grow the protection market so that more people can buy income protection when they take out a mortgage.…
Life and Pensions

LV= refreshes income protection plan to support renters

• About 4.5m households in UK live in private rented accommodation • 38% of private renters have dependent children and 50% of all children born in 2018 lived in rented accommodation • Policyholders will benefit from free child cover and legal advice service to resolve landlord and tenancy…
Life and Pensions

Richard Rowney steps down as chief executive of LV=

Savings, investment and protection provider LV= announces that Richard Rowney has today stepped down as Chief Executive and a member of the Board.  Richard will leave LV= on 31 December 2019. The process to appoint a successor is now underway and in the interim, Alan Cook, Chairman LV=, will assume…
Financial and Corporate

November 2019

October 2019

Advisers see equity release becoming mainstream within 10 years

About LV= LV= is a leading financial mutual and serves over 5.8 million customers 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

September 2019

LV= General Insurance appoints Corporate Responsibility Director

LV= General Insurance (LV= GI) has today appointed Rodney Assock as its new Corporate Responsibility Director with immediate effect, reporting to Sharon Juleff, People Director for LV= GI.  As part of his new role, Rodney will be responsible for delivering the Corporate Social Responsibility (CSR)…

LV= publishes parental leave and pay policy

Financial services mutual LV= has today become a signatory of the Association of British Insurers (ABI) initiative aimed at ensuring transparent, easily accessible information on parental leave and pay policies is included on the company website. View our Shared parental leave and pay policy. About…
Financial and Corporate

August 2019

LV= announces its 2019 interim results

Strategic and operational highlights: Agreed deal to sell remaining shareholding in LV=GI to Allianz on 31 December 2019 Secured member backing for plans to convert to a Mutual Company Limited by Guarantee Appointed Clive Bolton and Debbie Kennedy to lead Savings & Retirement…
Financial and Corporate

July 2019

LV= KidZone returns to Bournemouth for another year

Families visiting Bournemouth Beach this summer will have peace of mind as the LV= KidZone scheme returns for another year to help keep children safe during the school holidays. In partnership with Bournemouth, Christchurch and Poole Council (BCP Council), the scheme provides children with free colour-coded…
Financial and Corporate

LV= introduces 12-month option to Budget Income Protection

Extends LV= Budget Income Protection to include an option with a 12-month claim period. Includes all of LV=’s existing benefits for when clients can’t work, such as parent and child cover and rehab support, and other everyday benefits for when they can, such as LV= Doctor Services. …
Life and Pensions

UK landlords spend £4.7 billion a year on their rental properties

Notes to editors:  1. Average annual spend per landlord = £3,134 / the Ministry of Housing, Communities & Local Government states that there are 1.5 million UK residential landlords / £3,134 x 1.5 million = £4,701,000,000 2 Opinium surveyed 755 UK residential landlords between…

LV= GI response to the Ogden discount rate review

LV= has always been committed to providing the fairest possible settlements to our most seriously injured road users. Today’s announcement whist replacing the absurd and fiscally irresponsible decision to cut the Ogden Discount Rate to -0.75%, doesn’t in our view go far enough. At this level…