Scottish Widows

A majority of households would support an increase in the minimum level of auto-enrolment contributions by employees despite households’ perceptions of deteriorating future finances, according to the latest survey data from the Scottish Widows Future Finance Index.

Lloyds Banking Group has announced the appointment of Scott Wheway as chair of Scottish Widows Group. Mr Wheway will also be appointed non-executive director of the banking giant and Scottish Widows. His appointment at the pensions firm will come into effect on September 12 this year.

Scottish Widows has announced that it will divest millions of pounds from tobacco companies due to an update to its exclusions policy. The firm revealed that it will not invest in any company deriving more than 10% of its revenue from tobacco. This 10% threshold means that all tobacco manufacturers

Link Group's sustainability commitments have enabled it to become the first Scottish social housing provider to access a ground-breaking £80 million funding deal from Scottish Widows. Borrowed on a 30-year term, the environmental, social and governance (ESG) linked loan is

The boost to financial wellbeing triggered by the relaxing of pandemic measures dipped during the third quarter despite the first rise in household income from employment since Q1 2020, according to the latest Scottish Widows Household Finance Index.

Inverness-based not-for-profit property development company HHA has agreed a £23.25 million funding arrangement with Scottish Widows and the Scottish Government which secures the tenancies of more than 160 mid-market rental (MMR) properties across the Highlands for the next 25 years.

Pensions giant Scottish Widows has called for performance fees to be banned in a move that will heighten pressure on City fund managers to reform their practices. The Edinburgh-based firm said the payment of performance fees by workplace pension investors was not justified.

The £10,000 earnings threshold for automatically being placed in a workplace pension should be abandoned, according to Scottish Widows. The pensions giant has urged that many workers earning less than £10,000 and even some employers, are not aware that employees can choose to opt into th

People in the UK are feeling the most optimistic about their household finances since the start of the coronavirus pandemic, according to the latest Scottish Widows Household Finance Index.

The average woman in her twenties will retire will £100,000 less in her pension than her male counterparts, according to the latest research published by Scottish Widows.

Scottish Widows has become the first major pensions and insurance provider to target halving the carbon footprint of all its £170bn investments by 2030 in its path to net-zero by 2050. The company – which has more than six million customers in the UK – will also be investing billio

Life organisation and legacy planning platform Legado has been included as a finalist in the Lloyds Banking Group’s innovation programme. LAUNCH Innovation Lab, powered by Lloyds Banking Group, seeks to identify new and leading-edge businesses that have created solutions which can su

The gender pension gap has closed to the narrowest point on record, according to the latest Women and Retirement report published by Scottish Widows. The report found that 59% of women are now saving enough for a comfortable retirement, compared to 60% of men.

Scottish Widows is preparing to scrap £440 million of investments in firms that don't meet its stricter environmental, social and governance standards. The pensions firm has begun the process of divesting £440m of its holdings in firms that it believes pose “the most seve

Scottish Widows has invested £2 billion in a new fund from Black Rock which is expected to support the transition to a new low carbon economy. The pensions provider has allocated £2bn of its pension portfolios in the newly launched Authorised Contractual Scheme (ACS) Climate Transit