Following the news in December that LV= are to sell to Bain Capital, LV= provide further information following a virtual member event held on 3 February 2021.
Updated details are provided via an FAQs reflecting the items covered and questions raised during the virtual event. The FAQs mostly cover details of likely demutualisation windfall payments to members but also re-confirm no immediate changes to the overall business strategy or management team, or to the charges and asset mix of the with-profit fund. More information and content from the event is also to be shared by LV= over the coming days.
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