We respect the outcome, both for the 31% who voted against the deal and the 69% who voted in favour, as we find an alternative way forward.
What does this mean?
- The transaction with Bain Capital will no longer go ahead.
- LV= remains strong, stable and well capitalised.
- There is no near term impact on current and future members, policyholders, advisers or employees, as a result of the vote.
- Your clients can still expect the highest standard of services as they do today, with no changes to member policies and all the same safeguards in place.