News
63% of adults fear running out of money in retirement, LV= finds
26% said they felt anxious about their future, and 19% fear they may never retire at all.
LV=
News
Half of workers would feel more financially resilient with protection in place, finds LV=
The Reaching Resilience report showed that over four in 10 had no protection in place, either from themselves or their employer.
Health & Wellbeing
Workers prioritise pet insurance over income protection, finds LV=
The fourth Reaching Resilience Report showed 33% hold pet insurance, compared to 25% with critical illness cover and 25% with income protection.
Pensions & Retirement
Half of adults lack confidence in future finances, finds LV=
Among those lacking confidence, almost a quarter (23%) pointed to not having enough savings or pension provision.
News
Majority of adults prioritise certainty in retirement income, finds LV=
Flexibility was important for 31% and growth for 27%, but stability came out on top.
Compensation & Benefits
Only 27% of UK workers hold income protection despite rising financial pressures
LV= research reveals a significant protection gap, with half of UK workers saying insurance would make them more financially resilient but fewer than three in ten having cover in place.
News
Most women lack financial confidence in retirement planning, research reveals
Research from LV= found that over half (52%) of women in the UK had never held an investment product, compared to a third (34%) of men.
Education & Training
Disadvantaged young people locked out of financial services careers, study finds
Research from LV= and the Social Mobility Foundation has highlighted the persistent barriers facing young people from lower socioeconomic backgrounds when trying to access careers in financial services.
News
Two-thirds of Gen X unprepared for retirement – LV=
Half (50%) of Gen X were unsure about which income option they would choose when they retire.
News
LV= enhances Fixed Term Annuity offering with new benefits
All new Fixed Term Annuity customers will be eligible for a mutual bonus award after the first 12 months.
Interviews
LV= inside and out: The importance of diversity in good business
Katherine Carnegie voices the importance of “nurturing talent from all different backgrounds,” as being key to LV’s commercial success.
News
Financial well-being is growing in working population, report reveals
Over two thirds (69%) of workers saying they feel financially resilient, up from 65% in 2023, according to new data from LV=.