LV= interview: Behind a public private equity takeover

'A continuation of strategy'

Tom Ellis
clock • 7 min read

In one of the most public takeovers of recent times, the sale of LV= to Bain Capital has provided trade and national news publications alike with plenty of headlines and readers with no end of intrigue. Clive Bolton, managing director of protection, savings and retirement at LV=, speaks to PA editor Tom Ellis about the takeover, what is driving it and all the noise around the deal for the mutual…

A private equity takeover is bound to have an impact on any company, not least a mutual steeped in history, which by nature keeps a portion of its customers literally invested in the business. But Bolton is keen to reassure that the private equity firm is not coming onto the scene to rock the boat: the party line is continuity. Bain Capital is arriving to continue a strategy already begun and to keep investing in it. "We'll continue to focus on our fund range and the platforms and methods that are required to distribute those," Bolton tells Professional Adviser. "We'll continue to foc...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Retirement plans falling by the wayside amid cost of living adversity

Retirement plans falling by the wayside amid cost of living adversity

Survey shows many pre retirees are considering working in retirement

Hope William-Smith
clock 14 November 2022 • 2 min read
Only 1/4 advisers confident of meeting clients' retirement goals

Only 1/4 advisers confident of meeting clients' retirement goals

Advised investors less pessimistic about their retirement prospects

Ayesha Venkataraman
clock 31 October 2022 • 3 min read
Rovinj, Croatia

Online searches for 'best country to retire to from the UK' rise by 94%

Penfold research states that Croatia is the best retirement option

Mark Battersby
clock 28 October 2022 • 4 min read