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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Gallagher acquires First Actuarial, PPF Purple Book, TPT appoints external advisers for DB superfund

Professional Pensions
clock 05 December 2025 • 1 min read
Salary sacrifice change to 'hit' more than three million workers

Salary sacrifice change to 'hit' more than three million workers

Government releases impact assessment

Jen Frost
clock 05 December 2025 • 2 min read
News Digest: Civil Service Pension Scheme transfer - Capita says it has fixed 'teething problems'

News Digest: Civil Service Pension Scheme transfer - Capita says it has fixed 'teething problems'

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

Professional Pensions
clock 05 December 2025 • 1 min read
Trustpilot