Press releases

2022 news archive expandable section
2022 press releases

Heart-broken: Almost half (43%) of unmarried couples won't get a life insurance pay-out if their partner dies (30 December) (PDF, 215KB)

Investing in the UK’s green ambitions: Scottish Widows supports reforming Solvency II (7 December) (PDF, 609KB)

Single mothers face quarter of a million pound shortfall in pension wealth (16 November) (PDF, 218KB)

Chirantan Barua to join Lloyds Banking Group as CEO of Scottish Widows (15 November) (PDF, 115KB)

Time to talk – one in two parents haven’t spoken to their children about a will (9 November) (PDF, 200KB)

Over a quarter of Brits are worried about becoming victim to a pension scam (7 November) (PDF, 137KB)

Half of workplace pension holders don’t know how many pots they possess (28 October) (PDF, 88KB)

UK families committed to helping other generations despite weak household sentiment (26 October) (PDF, 166KB)

Scottish Widows invests £500 million in new BlackRock Global Corporate ESG Insights Bond Fund (11 October) (PDF, 226KB)

Over half of UK Black community fear running out of money in retirement (5 October) (PDF, 239KB)

Four in five looking to change jobs demand green pensions (3 October) (PDF, 212KB)

Carbon footprint of FTSE100 pensions 7x higher than their company emissions (29 September) (PDF, 243KB)

Almost half of all households have never accessed financial advice, according to Scottish Widows Future Finances Index (13 July) (PDF, 185KB)

Scottish Widows calls for asset managers to sign up to UK Stewardship Code by 2024 (4 July) (PDF, 235KB)

Pension savers risk retiring with £15,000 less, as economic storm brews (29 June) (PDF, 131KB)

Pension stewardship agenda at crucial tipping point says report (23 June) (PDF, 167KB)

Scottish Widows pays out 98% of protection claims for the third year (16 May) (PDF, 134KB)

Self-employed people risk financial hardship, as over half rely on personal savings when out of the office (19 April) (PDF, 95KB)

Sharpest fall in financial wellbeing in 2 years threatens long term savings plans of millions (6 April) (PDF, 180KB)

Scottish Widows doubles divestment from firms posing ESG risk to £3bn (28 March) (PDF, 193KB)

Salary Exchange schemes could save employers £20,000 a year and boost workers pension pots by £42,000 (22 March) (PDF, 276KB)

‘Baby Boomer’ generation of women retiring with half the pension of a man (4 March) (PDF, 147KB)

Scottish Widows announces new Intermediary Distribution Director (1 March) (PDF, 145KB)

Scottish Widows becomes first UK insurer to publish its roadmap to net zero (3 February) (PDF, 188KB)

Rising living costs erode household finances at fastest pace since the start of the pandemic (12 January) (PDF, 180KB)
2021 news archive expandable section
2021 press releases

Annuities made accessible: Scottish Widows launches the 'Annuity Bureau' (14 December) (PDF, 205KB)

Half of UK adults report pandemic mental health impacts with many hiding this from their insurer (1 December) (PDF, 134KB)

Scottish Widows provides support to bereaved children (22 November) (PDF, 180KB)

Scottish Widows to invest up to £25bn in companies powering the low carbon transition (17 November) (PDF, 131KB)

Young women need to save an extra £185k to reach the same retirement income as men (16 November) (PDF, 165KB)

Find Your Impact: Scottish Widows ESG tool lets you see how sustainable your pension is (9 November) (PDF, 140KB)

Great minds don’t think alike – why companies need to understand cognitive diversity (9 November) (PDF, 170KB)

Post-lockdown boost to financial wellbeing fades (29 Sept) (PDF, 182KB)

Protection is still the elephant in the room despite covid-19 (24 Sept) (PDF, 159KB)

Employers stress the ticking time bomb of financial wellbeing (24 Sept) (PDF, 146KB)

Pension Awareness Day - An insider's guide to boosting your pension pot (15 Sept) (PDF, 142KB)

Pandemic sparks surge in over 50s seeking advice (9 Sept) (PDF, 142KB)

System overhaul needed as 3.6 million Brits lose track of their pension savings (30 July) (PDF, 140KB)

Scottish Widows to benefit from acquisition of Embark Group (29 July) (PDF, 125KB)

Scottish Widows invests in green UK businesses with its rebooted Environmental Fund (27 July) (PDF, 670KB)

Covid threatens pushing over 50s into pension poverty (22 July) (PDF, 162KB)

Low earners lose out on £122m in employer pension contributions as COVID puts a squeeze on finances (5 July) (PDF, 151KB)

Easing of lockdown lifts pressure on UK household finances (21 June) (PDF, 216KB)

Scottish Widows pays out 98% of protection claims (14 May) (PDF, 114KB)

Multi-jobbers shortchanged £76 million a year in employer pension contributions (5 May) (PDF, 231KB)

UK Households Pay Down Debt Through Winter Lockdown (29 March) (PDF, 182KB)

Scottish Widows adds new virtual GP service to protection offering (22 March) (PDF, 109KB)

Mind the Gap: Young women face almost 40 years longer at work to reach pensions equality (8 March) (PDF, 222KB)

Scottish Widows Generates £96 Million Loan Boost For Constantine Wind Energy (15 February) (PDF, 58KB)

Scottish Widows’ Master Trust unveils new fund range with spotlight on responsible investment (15 February) (PDF, 78KB)

Lloyds Banking Group appoints new protection director (9 February) (PDF, 149KB)

Closing the ‘green pensions gap’: Scottish Widows targets net zero across £170bn fund range by 2050 (8 February) (PDF, 146KB)

UK household finances remain under strain at the end of 2020 (20 January) (PDF, 56KB)
2020 news archive expandable section
2020 press releases

Women need to work beyond 100 to match men's pension pot (11 November) (PDF, 145KB)

Scottish Widows to divest £440m from companies that pose significant ESG risk (9 November) (PDF, 317KB)

The small nudges that could make young people £142,000 better off in retirement (23 September) (PDF, 180KB)

UK savers want greener pensions – but don’t know where to start (1 September) (PDF, 141KB)

Scottish Widows invests £2 billion in BlackRock’s new fund designed for the transition to a low carbon economy (5 August) (PDF, 150KB)

Covid-19 threatens retirement plans as auto enrolment reforms run out of steam (29 June) (PDF, 149KB)

Covid-19 puts retirement plans of 3.1 million in doubt (1 June) (PDF, 286KB)

Scottish Widows pays out 98.2% of protection claims (4 May) (PDF, 207KB)

Scottish Widows hires workplace pensions expert to lead ambitious growth plans (29 April) (PDF, 185KB)

Scottish Widows changes annuities process to support advisers (21 April) (PDF, 258KB)

Andrew Warwick-Thompson appointed Chair of The Scottish Widows Master Trust (9 April) (PDF, 204KB)

Scottish Widows unveils responsible investment and stewardship framework (9 March) (PDF, 184KB)

Scottish Widows announces changes to Independent Governance Committee (25 February) (PDF, 53KB)

Scottish Widows gives green light to new responsible investment team (17 February) (PDF, 282KB)

Scottish Widows facilitates £10bn Lloyds Banking Group Pensions Trustees Limited longevity swap (29 January) (PDF, 309KB)
2019 news archive expandable section
2019 press releases

Scottish Widows supports simplicity but calls for consistency in pension statements (23 December) (PDF, 165KB)

Scottish Widows completes £805m pensioner buy-in with the Electricity North West Group of the Electricity Supply Pension Scheme (18 December) (PDF, 221KB)

Scottish Widows eyes growth with new Head of Pension Investment Propositions (12 December) (PDF, 193KB)

Women saving for retirement hits record high despite £78K gender gap (13 November) (PDF, 173KB)

One in three female entrepreneurs saving nothing for retirement (11 November) (PDF, 144KB)

GEN Z faces pension shock as research finds stark gap between retirement expectations and reality (28 August) (PDF, 50KB)

Businesses support extension of auto-enrolment to more workers - CBI/Scottish Widows survey (19 July) (PDF, 43KB)

People saving adequately reaches record high - yet 8 million think they'll never retire (10 July) (PDF, 49KB)

Four million Brits don’t do difficult decisions (9 May) (PDF, 256KB)

Scottish Widows commits to industry claims charter (9 May) (PDF, 240KB)

Pensions and investments expert Ciaran Barr joins Scottish Widows’ Independent Governance Committee (8 May) (PDF, 215KB)

Scottish Widows gives a safety net to thousands of families by paying out over 98% of protection claims (17 April) (PDF, 197KB)

Millennials now look to IFAs for help with ‘adulting’ (4 April) (PDF, 246KB)

Scottish Widows’ Independent Governance Committee reveals misconceptions of responsible investing (29 March) (PDF, 38KB)

Scottish Widows puts future focus on new campaign (1 March) (PDF, 190KB)

Scottish Widows with-profits bonus rates (15 February) (PDF, 405KB)
2018 news archive expandable section
2018 press releases

Emergency cash key to boosting women's pension savings (31 October) (PDF, 396KB)

Scottish Widows announces award of £30bn asset management contract to Blackrock (12 October) (PDF, 88KB)

Scottish Widows launches second edition of FundsTalk (19 June) (PDF, 216KB)

Millions of dads financially vulnerable (12 June) (PDF, 381KB)

More Scots saving for retirement – But many still not putting away enough (6 June) (PDF, 346KB)

Under 30s see leap in retirement savings - but one in five young people still saving nothing (6 June) (PDF, 364KB)

Brits failing to update pension after relationship breakdown (30 May) (PDF, 279KB)

Nine in ten Brits in danger of financial hardship should serious illness strike (23 May) (PDF, 348KB)

Scottish Widows paid out 98.99% of life claims in 2017 (18 May) (PDF, 399KB)

Scottish Widows appoints new Protection Director (30 April) (PDF, 370KB)

Scottish Widows launches Drip-feed Drawdown to help customers’ pension pots last longer (16 April) (PDF, 224KB)

More than 10 million Brits expect to work until they’re physically unable to do so (5 April) (PDF, 291KB)

Scottish Widows to compete for ‘jumbo’ schemes with new flexible workplace savings range (3 April) (PDF, 336KB)

Scottish Widows’ IGC continues to believe in the five key drivers of value for money (29 March) (PDF, 219KB)

Scottish Widows Protect now available on UnderwriteMe (13 March) (PDF, 378KB)

Mothers failing to protect themselves financially (5 March) (PDF, 261KB)

Scottish Widows launches range of retirement portfolio funds for drawdown (26 February) (PDF, 273KB)

Scottish Widows to review asset management arrangements and terminate partnership agreements with Standard Life Aberdeen (15 February) (PDF, 300KB)

One in five Brits are in a financially incompatible relationship (12 February) (PDF, 237KB)

More than four million renters risk losing house and home due to lack of financial safety net (24 January) (PDF, 352KB)

Scottish Widows with-profits bonus rates (15 January) (PDF, 70KB)

Scottish Widows launches new online investment publication for advisers (15 January) (PDF, 179KB)

Cut the incidental spending and retire with an extra £10k a year (3 January) (PDF, 94KB)
2017 news archive expandable section
2017 press releases

Scottish Widows Bank appoints new Managing Director (21 December) (PDF, 240KB)

Grandparents cut down on essentials to fork out £932 million to help families afford christmas (06 December) (PDF, 357KB)

Scottish Widows appoints Jackie Leiper as Distribution Director (29 November) (PDF, 51KB)

UK Households financially vulnerable should serious illness strike (11 November) (PDF, 266KB)

Pensions in divorce – women in Scotland lose out on £337 million every year (01 November) (PDF, 307KB)

Women and Retirement Report 2017 (01 November) (PDF, 5MB)

Pensions in divorce – Women lose out on £5bn every year (01 November) (PDF, 307KB)

Self-employed workers risk losing £300bn a year due to lack of financial protection (23 October) (PDF, 260KB)

LBG acquires Zurich’s UK workplace pensions and savings business (12 October) (PDF, 666KB)

Women woefully under-protected should serious illness strike (11 October) (PDF, 225KB)

Scottish Widows launches digital service for workplace pension customers (10 October) (PDF, 430KB)

Uninsured women could leave families seven months from financial hardship (02 October) (PDF, 265KB)

Uninsured women in Scotland could leave families seven months from financial hardship (02 October) (PDF, 265KB)

Scottish Widows Retirement Account Reaches £10 Billion AUM (02 October) (PDF, 334KB)

UK faces £7 billion annual deficit in elderly care funding (30 August) (PDF, 234KB)

Scottish Widows launches a Centralised Retirement Proposition guide (19 July) (PDF, 179KB)

Scottish Widows calls for auto-enrolment rule changes as savings levels stall (05 July) (PDF, 310KB)

70% of under 30s risk sleepwalking into pension shortfall (28 June) (PDF, 107KB)

3.9 million dads in UK financially unprotected (14 June) (PDF, 227KB)

Scottish Widows paid out more than 99% of life claims in 2016 (15 May) (PDF, 294KB)

Scottish Widows highlights importance of financial protection to coincide with Stroke Awareness Month (11 May) (PDF, 281KB)

Clinical study highlights savings worries risk to mental health (10 May) (PDF, 188KB)

Scottish Widows completes a £100M bulk annuity transaction with the Monsanto Pension Plan (02 May) (PDF, 263KB)

Scottish Widows appoints Jackie Leiper as Protection Director (02 May) (PDF, 217KB)

Need for financial protection becoming increasingly strong says Scottish Widows (05 April) (PDF, 226KB)

Scottish Widows launches digital toolkit to support surge in demand for defined benefit guidance (04 April) (PDF, 150KB)

Scottish Widows’ IGC identifies key drivers of value for money for customers (30 March) (PDF, 50KB)

Six million mums in UK financially vulnerable (21 March) (PDF, 231KB)

Automatic Enrolment: Government must seize the opportunity and lower earnings trigger (09 March) (PDF, 181KB)

Scottish Widows comments on Spring Budget 2017 (08 March) (PDF, 199KB)

Savers could be missing out on receiving up to £22,000 tax-free (03 March) (PDF, 317KB)

Millions of Britons under-protected should serious illness strike (02 March) (PDF, 224KB)

Scottish Widows Protect updates critical illness definitions (20 February) (PDF, 259KB)

Generation rent exposed to financial risk (06 February) (PDF, 60KB)

Stress and financial pressures of self-employment taking toll on families (02 February) (PDF, 264KB)

Scottish Widows highlights the nation’s financial vulnerability to coincide with National Heart Month (01 February) (PDF, 343KB)

Scottish Widows announces £30M investment in its Driving Pensions Value Programme (26 January) (PDF, 220KB)

Scottish Widows removes early exit fees on all pension policies (23 January) (PDF, 242KB)

Scottish Widows with-profits bonus rates (12 January) (PDF, 323KB)
2016 news archive expandable section
2016 press releases

Scottish Widows speeds up underwriting process with electronic GP reports (01 December) (PDF, 47KB)

Parents spend £17,400 to kick start their children’s careers (01 December) (PDF, 251KB)

Women and Retirement Report 2016 (17 November) (PDF, 2MB)

Gender savings gap widening as women lag behind in retirement stakes (16 November) (PDF, 154KB)

Scottish Widows Protect launches annual plan summaries to help advisers engage with their clients (07 November) (PDF, 177KB)

Scottish Widows announce fund refresh as part of 'Driving Pension Value' programme (02 November) (PDF, 77KB)

Brits waste 25 billion hours a year online (26 October) (PDF, 240KB)

68% of people unaware automatic enrolment pension contributions set to increase (19 October) (PDF, 225KB)

Breast Cancer Awareness Month: Scottish Widows highlights importance of financial protection (12 October) (PDF, 48KB)

4.3 million self-employed people left exposed by financial protection gap (03 October) (PDF, 59KB)

Scottish Widows highlights the nation's lack of financial protection (30 September) (PDF, 55KB)

Three-year growth in adequate retirement saving steadies (07 September) (PDF, 81KB)

Scottish Widows takes 33% market share of the UK bulk annuities market in first half of 2016 (31 August) (PDF, 46KB)

Optimistic young Brits are seeking a greater later life (29 August) (PDF, 130KB)

Cautious youngsters seek stability over adventure & uncertainty (24 August) (PDF, 73KB)

Next generation delay starting a family due to financial concerns (04 August) (PDF, 68KB)

Women at 30: Shifting priorities cast doubt over long-term financial security (27 July) (PDF, 271KB)

Analysis shows that customers regard investments as key driver of value for money (20 July) (PDF, 236KB)

Are Britain's uninsured mums putting household finances at risk? (13 July) (PDF, 230KB)

8.2 million UK mortgage holders financially exposed (20 June) (PDF, 46KB)

Scottish Widows makes protection range more accessible to mortgage advisers (20 June) (PDF, 51KB)

Scottish Widows completes its largest bulk annuity transaction - a £630 million buy-in with the ICI Pension Fund (14 June) (PDF, 43KB)

Scottish Widows launches self-serve pension transfer facility (08 June) (PDF, 40KB)

British Heart Week: Scottish Widows highlights need for financial protection (07 June) (PDF, 58KB)

Scottish households in danger of financial struggle due to lack of preparation for the unexpected (30 May) (PDF, 41KB)

Scottish Widows completes £54m bulk annuity transaction with Barloworld UK Pension Scheme (25 May) (PDF, 226KB)

UK households in danger of financial struggle due to lack of preparation for the unexpected (23 May) (PDF, 41KB)

Scottish Widows launches Premier pension fund options (16 May) (PDF, 42KB)

Scottish Widows paid out more than £219 million in life and critical illness claims in 2015 (04 May) (PDF, 41KB)

Financial protection becoming a decreasing priority says Scottish Widows (03 May) (PDF, 42KB)

Scottish Widows highlights the nation's financial resilience gap (25 April) (PDF, 42KB)

Scottish Widows takes action to move customers into pension freedoms-friendly default fund (25 April) (PDF, 41KB)

As 110 cases of bowel cancer are diagnosed every day Scottish Widows emphasises value of financial protection (04 April) (PDF, 42KB)

Scottish Widows' IGC calls for industry-wide customer benchmarking of pension providers (31 March) (PDF, 43KB)

The new 'YOLO' generation gambling financial future by splashing cash in 30s and 40s (30 March) (PDF, 197KB)

Scots saving more but struggling to juggle short- and long-term priorities (30 March) (PDF, 37KB)

Scottish Widows Digital Innovation Lab creates interactive Employer Hub (24 March) (PDF, 36KB)

Scottish Widows creates checklist for 10,000 employers facing triennial auto-enrolment reviews (21 March) (PDF, 45KB)

Scottish Widows comments on the 2016 budget (16 March) (PDF, 38KB)

Scottish Widows believes 'pensions dashboard' must be single source of truth from day one (08 March) (PDF, 49KB)

More time, less money: UK workers willing to sacrifice pay for greater flexibility (02 March) (PDF, 47KB)

Scottish Widows to remove exit fees on all workplace pensions (01 March) (PDF, 40KB)

As Mother's Day approaches, millions of mums remain financially unprotected (March) (PDF, 42KB)

Scottish Widows appoints Claire Burston as Head of Communications (February) (PDF, 36KB)

Britons woefully under-protected should serious illness strike, says Scottish Widows (29 February) (PDF, 41KB)

Scottish Widows supports advisers with protection roadshows (24 February) (PDF, 42KB)

Scottish Widows with-profits bonus rates (11 January) (PDF, 43KB)

Work tipping the scales for UK families as only a third claim to have a healthy ‘work family balance’ (07 January) (PDF, 49KB)