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Financial strength

Our financial strength

We’ve been helping people plan their financial futures since 1815, and we’re proud to be one of the strongest life and pensions companies in the UK.

We hold free capital of £2.6 billion*. Free capital is a measure of the assets we have available to us, minus the minimum amount of capital we have to hold to satisfy our regulators. It’s the amount of money we have to invest in new products and services or to help us weather financial storms.

*Source: Scottish Widows Annual PRA Insurance Returns, December 2014

Independent financial strength ratings

Of course, you don’t need to take our word for it. Independent ratings companies assess the financial strength of life companies through in-depth detailed analysis.

They examine the financial security of institutions based on their credit ratings and assets. Scottish Widows Limited (formerly Clerical Medical Investment Group Limited), which is part of Scottish Widows Group, has been allocated the financial strength ratings below.



Standard & Poor’s


Scottish Widows Limited



B+ Very Strong

Source: Moody’s, Standard & Poor’s and AKG. All ratings correct at May 2017.