Press releases and statements

Keep up-to-date with the latest news from Scottish Widows

March 2024

Overworked and underprepared: Black women don't ever expect to retire

Rose St Louis, Protection Director at Lloyds Banking Group and CEO Cavendish Online

Black women (30%) are more likely to reduce working hours instead of retiring, compared to 22% of Asian women and 21% White British women.

14 March 2024

Rothesay acquires £6 billion Scottish Widows bulk annuity portfolio from Lloyds Banking Group

Chira Barua, CEO of Scottish Widows and CEO Insurance, Pensions and Investments at Lloyds Banking Group

Rothesay, the UK's largest pensions insurance specialist, today announces that it has agreed to acquire the c. £6 billion Scottish Widows in-force bulk annuity portfolio from Lloyds Banking Group. The business to be transferred covers the pension benefits of c.42,000 people.

13 March 2024

A quarter of women would be frustrated if they couldn’t retire by 60

Jackie Leiper, Managing Director, Scottish Widows 

35% of women aged 22-29 don’t know how much is needed for retirement, while nearly two in three are concerned about running out of money.

11 March 2024

February 2024

Scottish Widows announces new Master Trust Strategist Committee appointments

Graeme Bold, Sharon Bellingham and Emma Watkins have been appointed to the Scottish Widows Master Trust Strategist Committee, the provider has announced today.

14 Feb 2024

January 2024

Cavendish Online partners with Aveni for AI analytics and automation technology

Rose St Louis, Protection Director at Lloyds Banking Group and CEO Cavendish Online

31 Jan 2024

Cavendish Online, part of Lloyds Banking Group, has partnered with Aveni.ai, the Artificial Intelligence fintech business, to become one of the first protection distributors in the market to use AI technology to help improve the experience for customers.

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Lloyds Banking Group - News and Insight

Lloyds Banking Group - News and Insight

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