library

All the documents that relate to our proposals in one place

The Independent Expert – Oliver Gillespie, Milliman LLP

“It is my overall conclusion that the proposals for Vote 1- and the acquisition of LV= by Bain Capital – and Vote 2 – to Change Article 14.23 – are both fair and reasonable to Liverpool Victoria Financial Services members and policyholders."

Oliver Gillespie was appointed as the Independent Expert to evaluate the implications of our plans from a member and customer perspective.

He is a Fellow of the Institute and Faculty of Actuaries and holds certificates issued by them allowing him to act as a Chief Actuary and a With-Profits Actuary. He is a partner at Milliman LLP based in its London office. 

Full report of the Independent Expert – The Bain Capital Transaction

Full report of the Independent Expert – The Scheme

The With-Profits Actuary – Ian Farr

As LV=’s With-Profits Actuary, Ian has evaluated the implications and the fairness of our proposals for our With-profits policyholders, considering separately the proposed transaction (Vote 1) and the change to an Article 14.23 (Vote 2). 

Ian has also considered whether the Member Vote Pack is clear, fair and not misleading.

Full report of the With-Profits Actuary – The Bain Capital Transaction

Full report of the With-Profits Actuary – The Scheme

Chair of the LV= Employee Consultative Forum – Greg Batterbee

Our Chair of the LV= Employee Consultative Forum (ECF) reaches out to LV= members directly regarding the upcoming member vote on the 10 December.

01/12/21 - Letter to members from the LV= Chair of the Employee Consultation Forum

More important documents

Notices of the Meetings

08/11/21 - A copy of our newspaper advertisement

15/11/21 - A copy of our newspaper advertisement

22/11/21 - A copy of our newspaper advertisement

29/11/21 - A copy of our newspaper advertisement

Copies of the Principles and Practices of Financial Management (PPFMs) which would come into effect on 1 January 2022
LV= With-profits PPFM
RNPFN With-profits PPFM
Teachers Assurance With-profits PPFM

A draft version of the Articles of Association of LVFS showing the changes that are being proposed in the member Resolutions that are being put forward at the Meetings on 10 December 2021

Contact Us

We're here for you if you have any concerns or questions

Call us

0800 066 5373

Non-profit members - Press option 1 
With-profits members - Press option 2 

Our phone line is open:
8am – 7pm Monday to Friday
9am – 1pm on Saturday

We’ve extended our usual opening hours to provide additional member information and support on our proposals.

For Textphone first dial: 18001. We will record and/or monitor calls for training and audit purposes

Email us

Non-profit members please email [email protected]

With-profits members please email [email protected]

Register for a webinar

Non-Profit Member Webinar

Register for the Non-Profit Member Webinar on 29 November 2021 at 11am

With-Profits Member Webinar

Register for the With-Profits Member Webinar on 29 November 2021 at 2.30pm

Q&A sessions

We’re running three virtual member Q&A sessions on 22 November, 3 December and 6 December.

Register for a member Q&A session

Write to us

LV=, Proposals for change, County Gates, Bournemouth, Dorset, BH1 2NF.