LV= confirms demutualisation with sale of pensions and insurance business to Bain Capital

Hope William-Smith
clock • 2 min read

LV= has agreed to sell its remaining pensions and insurance businesses to private equity firm Bain Capital for £530m.

The insurer said that, as a result of the deal, the capital available for distribution is expected to increase by up to 40% - capital which will be used to increase payments to with-profits members...

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

More on Industry

What skills do we most value in a trustee today?

What skills do we most value in a trustee today?

Ben Salmons asks if younger, career trustees may help widen the skill and diversity mix

Ben Salmons
clock 14 November 2025 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Potential cap on salary sacrifice contributions, Howden acquires EPFS, and government to reconsider rejection of Waspi compensation

Professional Pensions
clock 14 November 2025 • 1 min read
UK economy slows as GDP growth falls 0.1% in September

UK economy slows as GDP growth falls 0.1% in September

Ahead of Autumn Budget

Linus Uhlig
clock 13 November 2025 • 1 min read
Trustpilot