The complete Pension solution

LV= Flexible Transitions Account

For UK Financial Advisers only

LV= The Heart of Retirement

CONSOLIDATIONACCUMULATION DECUMULATION

Ret

irem

ent

asse

t p

oo

l

Consolidating assets

Planning for retirement

Managing throughout retirement

Start saving

Building up retirement assets

Considering issues & options

Retirement review

PHASE

Safeguarding saving propensity

Starting out Mid life Retiring soon At Retirement

Early retirement years

Later retirement years

RETIREMENT INCOME FOCUS

Incomeprotection

CONSOLIDATION FOCUS

Personal pensionSIPP

ANNUITIES DRAWDOWNEQUITY RELEASE

Enhanced Flexi-access Lump sum

Asset Backed Partial Drawdown

Fixed Term Phased

Post-75

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“It does exactly what it says on the tin”

Why Flexible Transitions Account?

Flexible

Your clients can switch investments when their circumstances change with no penalties or charges

Transitions

Your clients can easily move from accumulation to decumulation

Account

All of your client investments in one place to simplify financial planning for retirement

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Flexible Transitions Account at a glance

Pension Fund(extensive range of investment options)

Accumulation and consolidation Regular or single contributions Pension transfers Choose from LV= Pension funds, extended

choice and bespoke solutions

Decumulation LV= Drawdown (including Phased, Partial,

Flexi-access and Post 75) Income Tax free cash Full or partial transfer out to an alternative

retirement product

The complete solution for clients saving for retirement and enjoying their retirement

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Who’s it suitable for?

A single plan for clients who want: to save for retirement

through single and/or regular contributions

to consolidate existing pensions under one product for ease of management

a wide range of investment options including funds with guarantees

to access a lump sum either with or without taking an income

flexibility on when to take income

A single plan for advisers who want: support and technical knowledge

from our retirement specialists assistance in managing the

transfer process of existing pension policies for clients through our Transfer Value Analysis System (TVAS) service

access to online quotations, policy servicing and valuations

to choose from a range of charging options

a product which can offer the full range of retirement options

cost effective discretionary investment options to remove investment risk from your business

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FTA investment options

LV= Pension funds Extended choice Bespoke solution

RiskProfiled

Secure fundsFGFInvestec MAP

Sector specificGeographyAssetCommodities

Passive collection

Sector fundsMulti-asset

Passive plus

Actively managedMulti-asset

Multi-managerRisk rated

DFM partners with automated cash management

Including Fidelity tracker funds starting from only 7bps, an

exclusive price only from LV=’ under LV= Pension funds

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Access to our unique smoothed funds with guarantees7

Choice ofCompetitivelypriced funds

Flexible Guarantee

Financial Strength

Guaranteed Death

Benefit

Mutual Bonus

Smoothed Fund

Performance

Ideal for clients in accumulation or drawdown

Full details shown below of the range of funds in our portfolio that match clients’ attitude to risk once calculated through the Client Risk Profiling tool in Dynamic Planner®.

Risk profiled funds

7IM AAP Mod Cautious 0.67%

Blackrock Consensus 35 0.29%

Fidelity Multi Asset Allocator Defensive 0.68%

Invesco Perpetual Corporate Bond 0.94%

Investec Multi Asset Protector 1.31%

Threadneedle Managed Portfolio 3 1.22%

7IM AAP Balanced 0.67%

Blackrock Consensus 60 0.27%

Fidelity Multi Asset Allocator Strategic 0.67%

Fidelity Multi Asset Strategic 0.99%

Invesco Perpetual MonthlyIncome Plus

0.99%

Jupiter Merlin Conservative Portfolio 1.25%

M&G Property Portfolio 1.05%

Schroder Multi-Manager Diversity 1.11%

Schroder Multi-ManagerDiversity Income 1.30%

Schroder Managed MonthlyHigh Income

1.02%

Threadneedle Diversified Income 1.36%

Threadneedle Managed Portfolio 4 1.24%

7IM AAP Mod Adventurous

0.70%

Blackrock Consensus 70

0.26%

Fidelity Multi Asset Allocator Growth

0.63%

Fidelity Multi Asset Open Growth

1.19%

Invesco Perpetual Distribution

1.08%

Investec Cautious Managed 0.84%

Jupiter Merlin Income 1.61

%

Newton Balanced (BNY MELLON)

0.86%

Schroder Multi-ManagerDiversity Balanced

1.24%

Threadneedle Managed Portfolio 5

1.31%

7IM AAP Adventurous

0.78%

Blackrock Consensus 85

0.23%

Jupiter Merlin Balanced

1.70%

Schroder Multi-ManagerDiversity Tactical

1.32%

Investec Multi Asset Protector 1.31%

Threadneedle Managed Portfolio 6

1.38%

Blackrock Consensus 100

0.27%

Invesco Perpetual High Income

1.04%

Invesco Perpetual Income

1.03%

Jupiter Merlin Growth

1.74%

Jupiter Merlin Worldwide

1.75%

M&G Global Dividend

0.91%

Schroder Multi-Manager UK Growth

1.30%

Threadneedle Managed Portfolio 7

1.39%

Fidelity Wealthbuilder

1.31%

Schroder Multi-ManagerInternational

1.26%

For more information contact the LV= Retirement Desk on 08000 850 250 or email us at retirement@LV.com. Lines are open 8:30am - 5:30pm Monday to Friday. We may record and/or monitor your calls for training and audit purposes.

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Headline ‘wrapper’ charges

LV= Pension funds Extended choice Bespoke solution

Assets under £1m 0.25% Assets under £1m 0.30%First £75K 0.55%Next £275K 0.35%

Assets over £1m 0.10% Assets over £1m 0.10%Next £650K 0.20%

Assets over £1m 0.10%

Drawdown activation fees£175 for funds over £37,500*, £295 for funds under £37,500*

(*after PCLS)

No activation fee, charging structure moves to bespoke

solution chargingNo activation fee

Minimum

contributions

Single/transfer £20,000* £10,000 £10,000

Drawdown £22,500 net of PCLS £22,500 net of PCLS £22,500 net of PCLS

Regular – standalone £250pm* £250pm £250pm

Regular – with minimum single £25pm £25pm £25pm

Single/transfer additional contribution £1,000 gross £1,000 gross £1,000 gross

Regular increases £25pm £25pm £25pm

Minimum insured requirement

N/A as all funds are invested in LV= Pension funds and/or Flexible Guarantee Funds

£3,000 LV= Pension funds or £5,000 LV= Flexible

Guarantee Funds

£3,000 LV= Pension funds or £5,000 LV= Flexible

Guarantee Funds

FTA charges and contribution limits

A SIPP starting from only 25bps with 170 funds from leading investment managers plus guaranteed and protected funds. *total funds must be greater than £20,000

at the end of the first year to qualify

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Ease of trade solutions

Quote and Apply Risk Profiling

Fund information and analysis: Morning star X-ray tool

Back Office integration

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We’re proud to be mutual, our overriding objective is to grow member value. FTA customers become members with the following benefits:

LV= more than just a policy holder

Clients who invest in the LV= flexible guaranteed fund as part of their retirement portfolio will be eligible for the mutual bonus. The bonus is dependant on the financial performance of the society and is targeted at 1% of members investments a year. It’s added on top of the impressive returns provided by the funds.

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Member benefits

Discounts on

Car insurance

Home insurance

Member support

Our Member Care Line offers free access to confidential advice and support from qualified professionals 24 hours a day, 7 days a week, including:

Health, medical and lifestyle questions

Counselling

Legal questions & disputes1%Mutual bonus declared in 2015 (payable to clients investing in the flexible guarantee fund)

In summary

FTA is suitable for clients saving for retirement and taking income in retirement

A wide and extensive investment choice including guaranteed and protected funds within the LV= Pension funds option

Very competitive pricing structure

A range of tools and processes to save you time and money

Your clients become part of the society with additional member benefits

LV= are retirement specialists and will support you and your clients to select the appropriate solutions in retirement

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Not to be used after 31 July 2015

This presentation is based on our understanding of current and proposed legislation as at December 2014 applicable in England and Wales and HM Revenue & Customs practice which may change in the future. We cannot accept responsibility for any action arising as a result of the information contained in this presentation.

Liverpool Victoria Friendly Society Limited, Keynes House, Tilehouse Street, Hitchin, Herts, SG5 2DX.

LV= is a registered trademark of Liverpool Victoria Friendly Society Limited (LVFS) and is a trading style of the Liverpool Victoria group of companies. LVFS is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, register number 110035. Registered address: County Gates, Bournemouth BH1 2NF. Tel: 01202 292333.

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This is for financial advisers only

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