What is the LV payout like?
What is the LV payout like?
LV= plans to pay out £533m over time to the 271,000 with-profits members, at an average of about £1,970, compared with an average of £1,490 without the takeover. About 830,000 non-profit members will receive £100 each. Hartigan said he understood the “strong emotions” at play in the decision to abandon mutuality. Nov 22, 2021