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…

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 —…

Lloyds Banking Group (LBG) — owner of Bank of Scotland, Scottish Widows and Halifax — said on Monday it “may be able to accommodate a…

Edinburgh-based investment giant Standard Life Aberdeen (SLA) revealed on Tuesday its assets under management and administration remained steady in 2020, slipping 1.8% to £534.6 billion….

The £3 billion Dundee investment trust company Alliance Trust plc, which uses external fund managers Willis Towers Watson (WTW), announced board changes as it revealed…

Standard Life Aberdeen’s new CEO Stephen Bird is planning a big strategic shift for the active asset management giant by building a stable of passive…

Over 70 asset management firms with $16 trillion of assets have developed the first-ever Net Zero Investment Framework that “provides the first-ever practical blueprint for…

Lloyds Banking Group (LBG) — owner of Bank of Scotland, Scottish Widows and Halifax — said on Monday that António Horta-Osório will step down as…

Edinburgh-based asset management giant Standard Life Aberdeen said on Tuesday its assets under management and administration were £544.6 billion at December 31, 2019, down slightly…

Responsible investment campaign group ShareAction has claimed that many big UK pension schemes are skirting their responsibilities on climate change despite new regulations. ShareAction said…

Project Heather, the firm creating a new Scottish Stock Exchange based in Edinburgh’s George Street, on Monday announced another senior appointment to its executive team….

The board of Scottish Financial Enterprise (SFE), the representative body for the financial services industry in Scotland, has selected Philip Grant of Lloyds Banking Group…

UPDATE 4 — Edinburgh-based investment giant Standard Life Aberdeen (SLA) said on Tuesday it won a legal dispute to stop Scottish Widows parent Lloyds Banking…

Edinburgh-based fund management firm Martin Currie, the active equity specialist that is part of the Legg Mason group, said it made a “key strategic hire”…

British insurer Phoenix Group Holdings is in advanced talks to buy Standard Life Aberdeen Plc’s insurance business for about £3 billion and a deal could…

UPDATE 3 — Global asset management giant Franklin Resources, Inc, operating as Franklin Templeton Investments, has agreed to acquire Sandy Nairn’s independent fund management firm Edinburgh…

Swiss private bank Julius Baer International announced the appointment of Calum Brewster as its Edinburgh-based Managing Director, Head of UK Regional Offices. Brewster’s appointment follows…

The UK government said its has now recovered more than £18 billion of the £20.3 billion that taxpayers injected into the Lloyds Banking Group — owner of the Bank…

Lloyds Banking Group — owner of the Bank of Scotland, Scottish Widows and Halifax brands — said it agreed to acquire UK consumer credit card business MBNA from a subsidiary…

Aberdeen Asset Management pulled out of a bid for UniCredit’s Pioneer Global Asset Management because the 3.5 billion euros price was too high, Aberdeen’s chief executive…

The UK Government said it has made further sales of its shares in Lloyds Banking Group, reducing its remaining shareholding to less than 9%. Lloyds Banking…

UK finance minister Philip Hammond said the British government will withdraw a planned retail sale of cut-price shares in Lloyds Banking Group to the general public due…

UK finance minister George Osborne confirmed on Thursday the UK government will delay the sale of its remaining stake in Lloyds Banking Group, owner of Halifax, Bank…

Fund manager Aberdeen Asset Management, which specializes in emerging markets and Asia, said its assets under management fell from roughly £324 billion to £284 billion in the…

The chairman of Lloyds Banking Group — which includes Halifax Bank of Scotland and Scottish Widows — has caused a stir by arguing there was no…

The UK government is planning to sell its remaining 12% stake in Lloyds Banking Group, owner of Halifax Bank of Scotland and Scottish Widows, in…