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22 November 2021

LV=  provides further detail on the 2020 strategic review and how the proposed Bain Capital transaction was carefully compared to other options

Read about LV='s further announcement on the 2020 strategic review

16 November 2021

Background to the process and engagement with Royal London to date

Read our response to Royal London statement

15 November 2021

Bain Capital have issued their own press statement covering their future plans for LV=. The article should give reassurances to anyone who may have doubts about our proposals, or the long-term future of LV=.

Read Bain Capital’s long-term commitment to LV= and its members
 

4 November 2021

Adviser Webinars

Watch the recordings of our Adviser Webinars, and find out more about our proposals for Bain Capital to acquire the LV= life and pensions business. Hear from our speakers including LV= CEO Mark Hartigan and LV= Managing Director of Savings & Retirement and Protection Clive Bolton. 

3 November 2021

Latest news about our proposals and Special General Meeting

Read our press release

28 May 2021

Special General Meeting update

Read our press release

7 April 2021

What’s the position of the LV= Board on report from the All-Party Parliamentary Group (APPG) for Mutuals into LV=’s proposed transaction with Bain Capital?

We have always been clear that the strategic review and proposed transaction with Bain Capital has been solely driven by considering what’s in the best long-term interests of members. This has been the guiding principle behind any decision made by LV=.  We welcomed therefore the opportunity to provide written and oral evidence to the APPG explaining why Bain Capital was singular in offering an excellent financial outcome for members as well as an unrivalled and long-term commitment to our future prospects, business and people. 

We are disappointed by the findings of this report.  We have always recognised the importance of providing our members with all of the information they need to make an informed decision in advance of the vote. This continues to remain our absolute priority and we are finalising a comprehensive information pack with the regulator - which will include reports from an Independent Expert and With-Profits Actuary – and look forward to sharing it with members. We will also provide all members with another opportunity to pose any further questions through a webinar, the date and details of this well be confirmed in due course.

11 February 2021

Eligibility Criteria

Today we are announcing that the LV= Board have agreed details on the eligibility criteria for the two different payments for members as part of the Bain Capital transaction. 

Read the FAQs about eligibility.

8 February 2021

Member Virtual Event

We're delighted that our members joined us for our Member Virtual Event at midday on Wednesday 3 February.

For more information and content from the day visit our Event page.

15 December 2020

Formal announcement

On 15 December 2020 we formally announced that we had reached an agreement with Bain Capital.

A copy of our letter to LV= members

Our 15th December 2020 press release

Full list of FAQs