View more on these topics

LV= life sales boosted by increase in minimum retirement age

LV= saw a 40 per cent increase in life sales for the first half of the year, which it says were boosted by the increase in the retirement age from 50 to 55.

Life sales at the mutual increased from £45.2m to £63.5m on an APE basis with retirement business up 36 per cent, from £35.4m to £48.3m and protection and savings business up 55 per cent, from £9.8m to £15.2m.

LV= life managing director Richard Rowney says: “In the life business, all main products performed very strongly, driven by competitive pricing, improved awareness and penetration, and a strong reputation for quality products. The legislation change moving the minimum retirement age from 50 to 55 also provided an uplift, and gave an opportunity for LV= to showcase its flexibility and commitment to IFAs and their clients.”



Law firm launches regulation update service

Law firm CMS Cameron McKenna has launched a free online service to help financial services firms keep pace with regulatory developments. RegZone is accessed without password registration and is divided according to topic and sector. Charts and diagrams give an overview of regulatory change, while articles and reports give more in-depth analysis. The service also […]

Jupiter promoted to FTSE 250 index

Asset manager Jupiter is being promoted to the FTSE 250 index of mid-sized equities as part of the index’s latest rebalancing. Jupiter Fund Management floated on the London Stock Exchange on June 21 at 165p a share and as at 11.09am today the shares were valued at 226p – 37 per cent higher. The price […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm