LV= joins Association of Financial Mutuals

Following the collapse of a heavily scrutinised proposed sale to Bain Capital in 2021 and subsequent boardroom reshuffle, LV= reaffirmed its commitment to operating as a mutual firm during its October 2022 Annual General Meeting. One the topics under review during the AGM was whether LV= members supported the firm joining the Association.  David Hynam, who has appointed as chief executive of LV= in September last year, said mutuals provide an "essential" role in helping deliver "financial confidence" across all parts of society and deliver the "best financial outcomes" for consumers. ...