David Hynam News Today

LV= has completed its asset management services transition to global investment management firm BlackRock. LV= said the transition is part of a wider business strategy to broaden its distribution and investment capability. It added that it "aligns with its ambition to deliver enhanced value for members". BlackRock

The insurer reported a pre-tax profit of £107m for 2023 - after a loss of £145m in 2022 - while also returning more than £30m to members of the mutual.

Investment, protection and retirement firm LV= has appointed Katherine Carnegie as chief commercial officer, subject to regulatory approval. She joined LV= in 2012 and has extensive experience in developing distribution strategies and a track record of driving innovation and growth.

LV= has appointed Katherine Carnegie as its chief commercial officer who will join the investment and protection firm’s executive team with immediate effect.   The business says Carnegie “will lead the LV= investment, protection and retirement businesses and continue to build momentum around its diverse range of

A third of adults in Northern Ireland are expecting their finances to deteriorate in the run-up to Christmas, according to research.

Investment, protection and retirement specialist LV= has completed the next stage of the transition of assets to BlackRock. In April 2023, BlackRock was appointed as LV’s primary asset manager to replace Columbia Threadneedle Investments. In this phase, all existing smoothed managed funds (SMF) and flexible guarantee

A third of adults in Northern Ireland are expecting their finances to deteriorate in the run-up to Christmas, according to research.

LV= will launch two equity release products as part of a new funding partnership with Scottish Widows.   The financial services firm says its LV= Lump Sum Lifestyle and Drawdown Lifestyle products will come to market on 7 November, adding that the deals “offer added flexibility for customers considering equity

During a time where 22 million UK adults are financially struggling, more people are turning to consumer finance websites than financial planners for advice.

LV= has announced plans to appoint BlackRock as its new primary asset manager partner. It will allow LV= members, customers and financial advisers to benefit from investment expertise from BlackRock.