Your financial planning questions answered

Asking the right questions today can help make planning for the future, protecting your finances and managing investments easier. We’re taking on your future together, so whatever your questions we can help with expert answers, tools and guidance.

Answering your pension questions

6 tips to make the most of your pension

Our Retirement Expert shares some top tips to help you make the most of your pension and save for the future you want.

What's the difference between the state pension and a private pension?

There are a number of differences between the State Pension and a private pension, including when you can get it and how much you'll get. Our Retirement Expert Alison explains more in our short film.

How do I find out how much is in my pension?

Knowing what your pension is worth is useful when planning for retirement. In this video, we explain how you can access this information.

 

Your pension questions

Our pensions experts answer the most topical pension questions to help make planning for the future more straightforward.

Watch our films

The support you need

We’re here to help you achieve your retirement goals and have lots of useful content to support you no matter where you are on your retirement journey.

 

Retirement basics

Get to grips with the basics from budgeting and savings to how your workplace pension works and when you can take your money.

Retirement basics
 

Retirement journey

Find out what you need to know at each stage of the journey.

Retirement journey
 

Pension Wellbeing Guide

Our wellbeing guide covers a range of topics to help you meet your future goals.

Get started (PDF, 2MB)
 

Tips for saving

Have a look at our hints and tips, these could help save you money.

Check them out
 

Transfer your pensions

Most of us end up with several pensions over our lifetime. Could combining them make life simpler?

Transfer your pensions
 

Pension scams

Pension scams are on the increase but we can help show you what to look out for.

Signs of a scam

Answering your life and critical illness questions

How will my family be looked after financially if I get ill and stop working, or die?

We don’t like to think about being seriously ill, but it’s reassuring to know there are steps you can take to protect your family’s financial security if something did happen.

How long do I need life insurance for?

When exploring how long you need life insurance for it is worth looking at the different types of life insurance . This can help you see what factors you should consider when deciding on the length of cover you need.

what is critical illness cover?

Explore how critical illness cover works and the benefits it could have for you and your family.

Protecting what matters

Having the right insurance plan in place can help give that extra peace of mind, our experts answer your key insurance questions.

Watch our films
 
 

Protecting what matters most

Life insurance or critical illness insurance could be the most important financial product you ever buy for you and your family.

Life insurance

With you all the way

If you or a loved one are dealing with cancer, Macmillan can help with a range of practical, emotional and personal support.

Dealing with cancer
 
 

Our protection claim stories

When it comes to claims, we go beyond the financial pay out. Read the real life stories of some of our customers we’ve helped when they needed us most.

Read their stories (PDF, 2MB)

Benefits of having a will

Having a will in place can help protect your assets and loved ones today and in the future.

Writing a will
 

Answering your investment questions

Can I Invest My Pension Sustainably?

We’ve put sustainability at the heart of our investment approach with a bold target to halve the carbon footprint of all our investments by 2030 on our path to ‘net zero’ by 2050. Our Investments Specialist Maria explains more.

I'm worried about my investment value falling. What should I do?

We know that seeing fluctuations in your investment value can be worrying, so it’s important you know what to do if you’re concerned. Our video will explain more.

What is ethical investing?

Investments specialist Lauren Peacock discusses 'What is ethical investing?' and what action Scottish Widows is taking to ensure the companies we invest in meet our ethical criteria.

 

Investment essentials

We’re here to help you understand how your pension’s invested and have lots of useful information and views from our experts to get you started.

See how your pension is invested
 

Is your pension building a better future

Pensions have the power to help build a more sustainable future as well as growing people’s savings.

See what we're doing
 

Stock market volatility

It’s quite normal for the value of your pension to go up and down over the short term.

Find out why
 

Investment fraud

Criminals often target people through websites and direct phone calls, we can help you stay vigilant.

Know what to look out for

Future planning tools

Try our practical tools to help you put your plan in place

Retirement calculators

See what your pension can mean in pounds and pence. Our calculators can help you explore your pension options and show how a small increase now could make a big difference to your retirement.

 

your pension personality

Are you a mindful planner or a savvy saver?

Take 2 minutes to find out your pension personality and get tailored next steps to retirement.

Try it now
 

Meet your future self

Answer Four short questions to see when you could retire and what you could look like when you get there.

Meet your future self

Useful links and information

 

If you haven’t found what you’re looking for, these free resources can also help with your questions.

We believe in driving change

We have a dedicated programme of campaigns aimed at raising awareness on key issues that impact us all and our ability to plan financially for our long term future. These range from helping to build a more sustainable future to taking on the gender pension gap.

Our TV adverts

We have a suite of TV adverts, each one showing our Scottish Widow alongside one of our customers who is asking an important question.

Sustainability

The way we invest on behalf of our customers can have a significant role to play in building a sustainable future worth living in.

Build a better future
 

International women's day

On average, today women retire with half the pension of men.

Taking on the gender pension gap

Spread the word

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