MPs blast LV= over sale to US investment firm

Board has not been ‘open and transparent with members about its intentions for the company’

Reporting to two or more regimes that operate to different calendars causes ‘difficulties’

Industry | 7 Apr 21

Move deemed ‘disappointing’ and a ‘staggering betrayal’ by activists

Company ‘identified a wish’ among private clients to work with a independently-owned business

It will offer funds and model portfolios ‘to meet growing demand’ from financial advisers

United Kingdom