LV= returns to profit after restructure

 

LV= has moved from a £90m pre-tax loss from continuing operations in 2018 to a profit of £15m last year following a major restructure and cost-cutting.

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LV= nets £1bn from final sale of GI business

Financial mutual LV= has sold the remaining 51% it held in its general insurance business to Allianz Group, it announced today.

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Consumers fear outliving assets more than death

Some 61 per cent of people in their fear running out of money more than death, according to Allianz. Read more...