Couple hugging holding green heart balloons

A MUTUAL NOW AND FOR THE FUTURE

The results of our Special General Meeting on 22 May 2019

We’ve been around since 1843 and we plan to be around a lot longer

Recently we wrote to all of our members about two proposals that we think will help us to build a better future for our members and LV=.

Our proposals:

  • Proposal one: to convert from a friendly society to a company limited by guarantee. 
  • Proposal two: to amend our Rules to clarify who benefits from being a member of LV= going forward. 


If you would like to watch a short film about the plans watch the message from your Chairman.

The results of the Special General Meeting were as follows:

Vote 1 – To convert to a company limited by guarantee 

Total member votes
97,099 members voted
8.8% turnout
93.3% votes in favour

Vote 2 – To amend a Rule in our constitution

Total member votes
94,736 members voted 
8.6% turnout
94.5% votes in favour

What happens next...

Your Board is pleased to confirm that, in their opinion:
  • a sufficient number of members voted
  • the number who voted in favour was a significant majority
  • those that voted were a fair representation of our membership.

There was also nothing of particular concern, in the vote or communications from members, that would alter the Board’s conclusions. 
 
Our regulator, the Prudential Regulatory Authority is required to confirm the final decision, which we expect this summer. Please visit this page for an update which we will make available as soon as possible. 

A film of the special general meeting

View video transcript

In our library, you'll find all the documents you need that relate to our proposals.

You can request any of these documents in print

Watch our Chairman's message

View video transcript

Want to know more?

If you would like a chat, give us a call.

Mon - Fri 8:30am - 6:30pm

For TextDirect first dial 18001

Calls will be recorded and may be monitored for training and audit purposes.

If you would like to request a call back at a time convenient to you please email us.