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Product set up

Call us for a free chat on 0800 032 9003

Lines open: 8.30am to 6pm Monday to Friday

Setting up your retirement product

Once you’re happy with the advice, we can take care of all the technical details and transfer arrangements with your Pension savings providers to make sure everything is set-up exactly as agreed with you, for a fixed cost of just £499 which can be taken directly from your pension pot.

How does the product set-up work?

Benefits of product set-up with LV=

  • We'll get the release forms to transfer your pension pot (this can take a few weeks)
  • We'll process your tax-free cash payments, application forms and tax payments for you
  • We'll keep you updated with the progress on setting up your product
  • We can review your drawdown products each year for a small additional charge (can be applied to your pension pot) to ensure your product continues to meet your needs and takes changing circumstances into account (E.g. investment performance)

Membership benefits of taking out an LV= product

If you take out an LV= retirement product, you’ll have access to our range of ongoing membership benefits.

  • Discounts on LV= car and home insurance
  • Access to Member Care Line
  • Access to our Love Retirement hub and email newsletters
  • Free and confidential counselling, legal advice and health and wellbeing guidance.

We've over 150 years’ experience in helping people make sound decisions with their money.

Have a commitment free chat with a Pension Specialist

Call us on 0800 032 9003

TextDirect: First dial 18001

Lines open: 8.30am to 6pm Monday to Friday. We may record and/or monitor calls for training and audit purposes.

Start your conversation with a pension specialist today by telling us about:

  • Your current pension pots
  • Any contributions you're making
  • How much you've already saved