Industry news and views from Panacea and our partners.
LV=
Abolition of Lifetime Allowance
Extensive change to legislation is needed to abolish the LTA, and for those working in the industry there are some important features. However, most individuals will find little change to their available tax-free cash or how their pension benefits are taxed.
De-risking for retirement with LV's Smoothed Managed Funds
LV's Smoothed Managed Funds aim to provide a smoother investing experience. In this short video we hear from IFA Paul Burns and LV's Colin Watt on the funds' appeal to clients, and why advisers should consider a Centralised De-risking Proposition.
More than three quarters (77%) of women don't know how to take money from their pension in a tax efficient way
LV= research findings show that women are at least 20% more likely to say they don't know how to stay financially secure in retirement, and 77% don’t know how to access retirement funds in a tax efficient manner. This presents an opportunity for advisers to suggest a blended solution that could ease their financial planning worries.
Guide to LV's Blended Solution
This Blended Solution could be the perfect way to offer a combination of a guaranteed retirement income and potential for investment growth to suit your clients' financial planning needs. With terms starting at just three years for our PRP it also offers flexibility for your clients as they near or enter retirement.
The smoothed difference
LV's Smoothed Managed Funds are a range of multi-asset, risk-rated funds designed to grow your clients' money over the medium to long term while providing them with a reliable, low volatility investor experience.
Smoothing, done differently
LV's unique smoothing mechanism takes the average of a fund's daily underlying price over the past 26 weeks to produce a 'smoothed' fund price. Understanding our smoothing mechanism doesn't need to be complicated. It's based on what's already happened - rather than what might happen in the future.
Wealth and Wellbeing Research Programme Edition 14
By tracking the changes to people's income and outgoings, spending trends or areas of concern, the report can help you identify the different client types and a potential financial strategy to meet their needs.
LV= 2024 market outlook – how geopolitical instability is impacting our investment decisions
Geopolitical volatility is dominating the global outlook as we enter another year.
Watch: De-risking for retirement with LV’s Smoothed Managed Funds
In this short film by LV= and the Pensions Management Institute, independent adviser Paul Burns joins LV’s Colin Watt to make the compelling case for Smoothed Managed Funds as part of a client’s decumulation journey.
New LV= wellness tracker finds more than 40% of UK adults are struggling financially
Twenty two million UK adults are financially struggling today, leaving the nation’s financial resilience at an even lower ebb than during the height of the Covid-19 pandemic, according to data from investment, protection and retirement specialist LV=.
Introducing the LV= Wellness Tracker
For the three-year anniversary of the Wealth and Wellbeing Research Programme, we have launched the LV= Wellness Tracker. A unique measure of the nation's financial resilience.
LV= Three consumer trends every adviser should know
Our flagship Wealth and Wellbeing Research Programme marks its 3rd anniversary with the publication of Edition 13 this month. We’re proud to reach this milestone, as it makes this one of the longest running studies of its kind.
LV= Cost of living rise forces consumers to delay major life decisions
Research from investment, protection and retirement specialist LV= shows how financial worries are leading to people delaying major life decisions such as getting married, buying a first home, starting a family or changing careers.
LV= Blended approach can ease pensioners’ drawdown and volatility fears
Research from investment, protection and retirement specialist LV= highlights how millions of people are worried about stock market volatility and running out of money in retirement.
LV= The pain of losing is twice as powerful as the pleasure of gaining
As many sports fans can attest, the disappointment when your favourite team loses can linger longer than the happiness felt from winning a game. The same can happen when it comes to personal finances.
LV= Wealth and Wellbeing Research Programme Edition 13
In this report LV= share the latest insights from their Wealth and Wellbeing Research Programme. Established in June 2020, this longitudinal study has tracked UK adults’ behaviours around their finances and wellbeing during a period of exceptional market turmoil and change.
LV= More of your clients could need long-term security
With the cost of living crisis and volatility of the current market, flexi-drawdown is less appealing than it once was. But what if you could do drawdown differently?
LV= De-risk your clients’ retirement journey
Research from LV= highlights how millions of people say they have retired earlier than planned. Advisers can help to smooth their clients’ retirement journey by giving them flexible investment options that are right for them.
LV= The need for guarantees
Uncertainty is a significant threat to retirement planning. It brings volatility which, in retirement, can significantly increase the chances of a client outliving their funds. LV= offer a bespoke blended solution which aims to provide security and flexibility for your clients.
LV= How to build retirement strategies around your clients (60 minutes CPD)
This webinar LV= will explore the resurgence in annuities and what clients are now looking for in retirement, delve into the behavioural science behind investing, and bring to life our blended solution (which combines a fixed term annuity with smoothed investment) through client case studies.
LV=: Smoothed Managed Funds Adviser Guide
View and download our Smoothed Managed Funds adviser guide.
LV= Three consumer trends every adviser should know
Our flagship Wealth and Wellbeing Research Programme marks its 3rd anniversary with the publication of Edition 13 this month. We’re proud to reach this milestone, as it makes this one of the longest running studies of its kind.
New LV= wellness tracker finds more than 40% of UK adults are struggling financially
Twenty two million UK adults are financially struggling today, leaving the nation’s financial resilience at an even lower ebb than during the height of the Covid-19 pandemic…
LV=: Introducing the LV= Wellness Tracker
For the three-year anniversary of the Wealth and Wellbeing Research Programme, we have launched the LV= Wellness Tracker. A unique measure of the nation's financial resilience.
LV= Major SIPP and SSAS providers ready to accept LV= smoothed funds
Download LV’s guide to learn which major providers are ready to accept TIP investments.
LV= Smoothing as an alternative to cash
The LV= Smoothed Managed Funds offer clients an alternative to holding cash, with their smoothed returns and low risk scores. Available to SIPP and SSAS clients via the LV= TIP.
LV= Smoothed Managed Funds Adviser Guide
Download this guide to learn how the LV= Smoothed Managed Funds work, including information on the LV= TIP which offer smoothing for your SIPP and SSAS clients.
LV= A case study in limiting downside risk in retirement
This client needs the help of his adviser to determine the best way to limit downside risk, maximise his pension savings, and receive a stable income in retirement.
Boost pension savings while balancing risk with the LV= TIP
Complement your client's SIPP or SSAS investments with the LV= smoothed funds, without transferring away.
LV= TIP
The LV= TIP offers your clients access to our unique range of risk-rated multi-asset smoothed funds, designed to suit clients with a range of risk appetites and composures, as part of their existing Self-Invested Personal Pension (SIPP) or Small Self-Administered Scheme (SSAS).