A committee of MPs with whom I agree! You may remember that we advisers only heard about the proposed sale of LV= to US private equity via the back door. A mutual company is theoretically owned by its policyholders. Their welfare is unlikely to be top of the list if the sale goes through; although they’ll no doubt be offered a healthy bribe to agree to it, if past deals are anything to go by. I predict the doors will be closed to new business, and costs cut to the bone before it’s sold on again. Just say ‘no’, guys.
“Green investing is underperforming, but don’t count it out just yet”
There are some johnny-come-lately ethical and sustainable investors who put money into “responsible“ funds having seen how well they performed in the midst of the Covid Crash, and are ruing the day.
