Scottish Widows

Industry:

Insurance

Description

Founded in 1815, Scottish Widows has gone from strength to strength over the past 190 years; it is one of the top providers in the UK Life, Pensions and Investment market. Its products range from ordinary long-term insurance (such as life insurance, pensions and annuities) to savings and investment products. Scottish Widows became part of the Lloyds TSB Group in March 2000. Its brand, the Scottish Widow, is one of the most recognised in the life, pensions and investment industry (source: MarketMinder September 2004). Scottish Widows has a well-established multi-channel sales capability, distributing its products through independent financial advisers, direct sales, direct marketing, the internet and via the branch network of Lloyds TSB, with over 16 million personal and business customers. Scottish Widows currently employs around 4,000 people in: customer service, product development, investment, information technology, sales and marketing, actuarial services and support. It is headquartered in Edinburgh.

Products & Services

pensions, life insurance, investment products, life assurance

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Site Statistics

Monthly Unique Visitors:	1,144
Site Rank:	932,099
Trust Rating:	Neutral
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News Archive

pounds 70 million yet to be claimed by policyholders Scottish Widows is trying to find 34,000 people owed an average of pounds 2,000, says Richard Evans The Sunday Telegraph London; 9/27/2009 ...windfall from the demutualisation of Scottish Widows is still unclaimed almost 10...The payouts originate from Scottish Widows' demutualisation in March 2000...several of about pounds 50,000. Scottish Widows has launched an initiative aimed... ...more

Scottish Widows tops the table for dud funds.(Business) The Daily Mail (London, England); 9/9/2009 ...a damning report reveals. Scottish Widows Investment Partnership, which...of its fund sales are made by Scottish Widows salesmen and Lloyds Bank staff...allowed to sell funds run by Scottish Widows. The rest are sold by independent... ...more

Scottish Widows calls for simpler advice. Investment Adviser; 11/9/2009 Byline: Dominic Welling Scottish Widows has called for the development...advice for the mass market. Scottish Widows raised concerns that the proposals...need assistance the most." Scottish Widows has urged the FSA to develop... ...more