LV= retirement sales down as DB transfer activity drops

James Phillips
clock • 1 min read

LV= has seen a drop in sales for its retirement solutions products as defined benefit (DB) transfers dwindled, its half-year results have revealed.

The insurer recorded £831m of new business for retirement solutions in the first half of 2018, down 3% from £857m in the same period last year. Overall, its pension sales fell from £656m to £614...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

John Healey named Chancellor of the Exchequer in 'surprise' appointment

John Healey named Chancellor of the Exchequer in 'surprise' appointment

Following speculation

Cristian Angeloni
clock 21 July 2026 • 2 min read
News Digest: UK pension giants 'most exposed in Europe' to shadow banking risks

News Digest: UK pension giants 'most exposed in Europe' to shadow banking risks

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 21 July 2026 • 1 min read
Andy Burnham: 'Britain needs to show the world we can regain our stability'

Andy Burnham: 'Britain needs to show the world we can regain our stability'

Cabinet to be confirmed

Michael Nelson
clock 20 July 2026 • 2 min read
Trustpilot