LV=

Mutual life and investment group LV= has reported a drop in sales of 14% for the first half of the year, despite seeing a hike in group pre-tax profit of 144%.

DRAWDOWN

PROTECTION

LV= has seen a drop in life and pensions sales of 14% for the first half 2013 compared to last year.

LV= has developed a tool for advisers that helps them compare the suitability of fixed-term annuities against lifetime annuities.

LV= is launching a simplified income protection product, ‘Sick Pay Insurance'.

iPipeline has launched an electronic common quotation form for annuities on its platform.

Splitting a pension pot by blending annuities could increase retirement income by around £2,175, according to research from LV=.

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