1. LV= Flexible Transitions Account
For UK Financial Advisers only
LV= Flexible Transitions Account
The complete Pension solution

2. LV= The Heart of Retirement
ACCUMULATION
CONSOLIDATION
DECUMULATION
Considering issues & options
Planning for retirement
Retirement review
RETIREMENT INCOME FOCUS
Managing throughout retirement
CONSOLIDATION FOCUS
Personal pension SIPP
Retirement asset pool
Consolidating assets
ANNUITIES
DRAWDOWN
EQUITY RELEASE
Enhanced
Flexi-access
Lump sum
Asset Backed
Partial
Drawdown
Fixed Term
Phased
Post-75
Safeguarding saving propensity
Start saving
Building up retirement assets
Income protection
PHASE
Starting out
Mid life
Retiring soon
At Retirement
Early retirement years
Later retirement years

3. Why Flexible Transitions Account?
“It does exactly what it says on the tin”
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

4. Flexible Transitions Account at a glance
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
Pension Fund
(extensive range of investment options)
The complete solution for clients saving for retirement and enjoying their retirement

5. 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

6. FTA investment options
LV= Pension funds
Extended choice
Bespoke solution
Risk
Profiled
Secure funds
FGF
Investec MAP
Sector specific
Geography
Asset
Commodities
Passive collection
Sector funds
Multi-asset
Passive plus
Actively managed
Multi-manager
Risk 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

7. Access to our unique smoothed funds with guarantees
Choice of
Competitively
priced funds
Flexible Guarantee
Financial Strength
Ideal for clients in accumulation or drawdown
Guaranteed Death Benefit
Mutual Bonus
Smoothed Fund Performance

8. Risk profiled funds
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®.
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
Fidelity Multi Asset Strategic
0.99%
Invesco Perpetual Monthly
Income Plus
Jupiter Merlin Conservative Portfolio
1.25%
M&G Property Portfolio
1.05%
Schroder Multi-Manager Diversity
1.11%
Schroder Multi-Manager
Diversity Income
1.30%
Schroder Managed Monthly
High 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-Manager
Diversity 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-Manager
Diversity 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-Manager
International
1.26%
For more information contact the LV= Retirement Desk on or us at Lines are open 8:30am - 5:30pm Monday to Friday. We may record and/or monitor your calls for training and audit purposes.

9. FTA charges and contribution limits
Headline ‘wrapper’ charges
LV= Pension funds
Extended choice
Bespoke solution
Assets under £1m
0.25%
0.30%
First £75K
0.55%
Next £275K
0.35%
Assets over £1m
0.10%
Next £650K
0.20%
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 charging
No activation fee
Minimum contributions
Single/transfer
£20,000*
£10,000
Drawdown
£22,500 net of PCLS
Regular – standalone
£250pm*
£250pm
Regular – with minimum single
£25pm
Single/transfer additional contribution
£1,000 gross
Regular increases
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
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

10. Ease of trade solutions
Quote and Apply
Risk Profiling
Fund information and analysis: Morning star X-ray tool
Back Office integration

11. LV= more than just a policy holder
We’re proud to be mutual, our overriding objective is to grow member value. FTA customers become members with the following benefits:
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 & disputes 1%
Mutual bonus declared in 2015 (payable to clients investing in the flexible guarantee fund)
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.

12. 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

13. This is for financial advisers only
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 Registered address: County Gates, Bournemouth BH1 2NF. Tel:
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