Scottish Widows has revealed that 69% of employers in the UK now offer a responsibly invested company pension — but only 44% have it as their default…

Scottish Widows grew its workplace pensions assets under administration by 17% to £108 billion in 2024. The business is part of Lloyds Banking Group, which…

New research from Scottish Widows has revealed that 72% of UK employees say it is important that their employer offers a “responsibly invested” pension. Yet…

Lloyds Banking Group (LBG) has announced plans to transform its Port Hamilton Scottish Widows building on Morrison Street in Edinburgh into a state-of-the-art innovation hub…

Scottish Widows has announced a new strategic partnership with Dutch asset manager Robeco to develop its responsible investment business. Scottish Widows is part of Lloyds…

Shares of Schroders fell as much as 14% on Tuesday after the UK’s largest standalone fund manager reported worse-than-expected third quarter outflows and the imminent…

Lloyds Banking Group’s Jackie Leiper has been appointed as deputy chair of Scottish Financial Enterprise (SFE), the member body for Scotland’s £13.6 billion financial and…

Scottish Widows has confirmed it will kill off its iconic “widow” model that has featured in its branding for decades. The £200 billion life insurer…

The percentage of people in the UK not on track for even a “minimum retirement lifestyle” has worsened from 35% to 38% since 2023, equating…

Eva Cairns has joined Scottish Widows as Head of Responsible Investments and Stewardship. Cairns joins Scottish Widows after 13 years with Abrdn, where most recently…

Rothesay, the UK’s largest pensions insurance specialist, announced that it has agreed to acquire the £6 billion Scottish Widows in-force bulk annuity portfolio from Lloyds…

Royal London is considering a bid to buy the Scottish Widows £6 billion bulk annuities portfolio being sold by Widows parent Lloyds Banking Group (LBG),…

Lloyds Banking Group (LBG) has hired AJ Bell’s Managing Director of D2C and Investments Kevin Doran to take up the newly-created role of chief investment officer for…

About 35% of the UK population could face poverty in retirement, according to Scottish Widows’ 19th annual Retirement Report. Widows said the report’s new National…

Scottish Widows announced the launch of a new Global Environmental Solutions Fund it said will be “focused on directing pension investment into companies that provide…

The Pensions Management Institute (PMI) announced it has appointed Scottish Widows as its “insight partner” to share its expertise on Master Trusts within the industry…

Scottish Widows announced it is bolstering its pensions and savings leadership team with the appointment of Carolyn Jones as retirement director. Jones will join Scottish…

Lloyds Banking Group (LBG) has appointed HSBC’s head of strategy Chirantan Barua to be the next chief executive officer of Scottish Widows and LBG’s wider insurance,…

Lloyds Banking Group (LBG) announced that Scott Wheway, subject to regulatory approval, will become chair of Scottish Widows Group on September 12, 2022.  Wheway will become a…

Scottish Widows has announced another £1.5 billion worth of divestments in an update to its environmental, social and governance (ESG) investment policy. The move contains…

Scottish Widows — part of Lloyds Banking Group — announced it will invest up to £25 billion in companies leading on decarbonisation and climate solutions…

Scottish Widows said workplace pension savers will soon be able to view the sustainable impact of their pension investments using a new mobile phone app….

Lloyds Banking Group plc (LBG) — owner of Scottish Widows and Bank of Scotland — announced that insurance industry veteran Nick Prettejohn will step down…

Real estate investor CLS announced it completed a £61.7 million loan from Scottish Widows secured on a portfolio of five UK office properties. “This loan…

Young female savers face having £100,000 less in retirement income than their male counterparts, according to new data from Scottish Widows. “Lower average earnings, part-time work…

Scottish Widows Loan Investments said it has provided a £96 million long-term loan facility to Constantine Wind Energy (CWE), one of the largest operators of…

Scottish Widows said on Monday it will become the first UK major pensions and insurance provider to target halving the carbon footprint of all its…

Lloyds Banking Group (LBG) — parent of Scottish Widows, Bank of Scotland and Halifax — confirmed on Friday afternoon it has cancelled all staff bonuses for…

Lloyds Banking Group (LBG) — parent of Scottish Widows, Bank of Scotland and Halifax — has named Charlie Nunn, currently global chief executive of wealth…

UK wealth manager Brewin Dolphin said on Tuesday that former Scottish Widows boss Toby Strauss will become its next chairman on February 5, 2021. Brewin…

Scottish Widows is to divest at least £440 million from companies that have failed to meet its environmental, social and governance (ESG) standards. Widows warned…

Aberdeen Standard Investments is to close its £526 million Global High Yield Bond fund because the fund’s largest institutional investor — Scottish Widows — is…

Scottish Widows has invested an initial £2 billion of pension fund assets to become the inaugural investor for BlackRock’s Climate Transition World Equity Fund —…

Scottish Widows said on Monday it has launched a new “responsible investment and stewardship framework” as it outlined plans to enhance its sustainability practices “and…

Fund management giant Schroders said it generated record net inflows of £43.4 billion in 2019, with positive net inflows across all asset classes as the first…

Scottish Widows said it has facilitated a longevity swap between the Lloyds Banking Group Pensions Trustees Limited and Pacific Life Re Limited. “The transaction transferred…

Scottish Widows has warned against the UK government’s proposals to force pension providers to include costs and charges in members’ annual statements. Last month the UK’s…

Scottish Widows is to provide investment of £40 million to Port of Leith Housing Association to boost plans to create more than 650 social and mid-market…

UPDATE 3 — Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, said on Friday its CEO Clive…

Standard Life Aberdeen plc (SLA) on Wednesday announced details of its settlement with Lloyds Banking Group (LBG) and Scottish Widows in relation to arbitration proceedings…

Lloyds Banking Group has unveiled plans to create a new tech hub at its Scottish Widows HQ in Edinburgh to “help transform the digital experience…

Wheatley Group — Scotland’s biggest social landlord — said on Monday it has secured an investment of £76.5 million that will enable it to build hundreds…

Lloyds Banking Group (LBG) and Schroders said on Tuesday they agreed a multi-billion pound wealth management joint venture that sees Schroders appointed as the active investment manager…

Edinburgh-based fund management giant Standard Life Aberdeen (SLA) has launched a contract dispute process against Lloyds Banking Group (LBG) over LBG’s decision to cancel a £109 billion…

Scottish Widows said it has launched an enhanced workplace savings range of products following completion of the first phase of the transfer of Zurich’s UK…

Standard Life Aberdeen’s head of distribution Campbell Fleming told Money Marketing in a wide-ranging interview that Standard Life Aberdeen is optimistic that it can hold on to the…

UPDATE 4 — Shares of Edinburgh-based Standard Life Aberdeen fell about 5% after it was announced it will lose its biggest client. Lloyds Banking Group (LBG)…

Scottish Widows’ owner Lloyds Banking Group (LBG) is “believed to be in advanced talks” with Standard Life Aberdeen to buy Standard Life’s corporate pensions business…

Scottish Widows owner Lloyds Banking Group (LBG) and Zurich announced a strategic deal under which LBG will acquire Zurich’s UK workplace pensions and savings business…

Unite, the union representing staff across Lloyds Banking Group, has described as a “betrayal” a decision by the financial group to outsource around 1,000 Scottish…

Scottish Widows — part of Lloyds Banking Group — is considering buying Zurich’s platform, according to a report in Money Marketing. A deal would see Zurich…

Underlying profit at Scottish Widows fell 13% to £837 million in 2016 as the company felt the effect of “recent reforms on activity within the pensions market.” As parent Lloyds…

Scottish textile firm Wilkie is to relocate from Kirriemuir to become the majority shareholder of the Michelin Scotland Innovation Parc (MSIP) in Dundee. Wilkie will partner…

Lloyds Banking Group (LBG) — parent firm of Bank of Scotland, Scottish Widows and Halifax — will stop recognising the trade union membership of its…

Hymans Robertson, the pensions, actuarial and financial services consultancy, has announced two new experienced hires to its Edinburgh office as the firm’s risk transfer team…

Lloyds Banking Group (LBG) — owner of Bank of Scotland, Scottish Widows and Halifax — said it has appointed Rohit Dhawan to the newly established…

Bank of Scotland plc, owned by Lloyds Banking Group, has reported a profit before tax of £427 million for the first half of 2024, compared to…

Amanda Young, chief sustainability oficer for the investment business of Abrdn, has left the company. On an interim basis, Dan Grandage, head of sustainable investing,…

The International Corporate Governance Network (ICGN), a group of international institutional investors with $77 trillion of assets, have warned that proposed reforms to company listing…

Lloyds Banking Group (LBG) — parent firm of Bank of Scotland, Scottish Widows and Halifax — is to cut 1,600 staff from its branch network…

HSBC has joined a number of rival high street banks competing to buy Edinburgh-based Tesco Bank as the bank’s supermarket owner starts a new effort…

Alliance Trust plc, the £3.4 billion Dundee fund, announced that Gregor Stewart will retire from the board and as chair of the investment trust company…

About 2,500 jobs are at risk at Lloyds Banking Group plc (LBG) — owner of Bank of Scotland, Scottish Widows and Halifax — according to…

The UK government said nine of the UK’s largest defined contribution pension providers have agreed to allocate 5% of assets in their default funds to unlisted equities…

The Scottish National Investment Bank (SNIB) has appointed asset management veteran Al Denholm as its new chief executive officer. “With over 36 years of asset…

Lloyds Banking Group plc — owner of Bank of Scotland, Scottish Widows and Halifax — on Wednesday announced a share buyback of up to a…

NatWest Group plc — the bank formerly known as RBS — announced it will hold its Annual General Meeting at the group’s Gogarburn headquarters on the…

French reinsurer SCOR has announced a £5.5 billion “longevity transaction” with Lloyds Banking Group Pensions Trustees. Lloyds Banking Group (LBG) is the owner of Bank…

Odysseus Capital Management announced it has secured planning permission for the redevelopment of Edinburgh One at 60 Morrison Street — the former headquarters of Scottish…

Legendary Linlithgow-based financial adviser Alan Steel — a favourite source for journalists in London and Scotland and known as one of the great communicators —…