INTRODUCING MORE CHOICE FOR WORKPLACE SAVINGS
"Following our announcement (PDF, 670KB), in October 2017, of our acquisition of Zurich’s UK Corporate Savings business, I’m pleased to confirm that the first stage of this has now completed successfully and I can share details of our expanded workplace savings proposition”
Jackie Leiper, Distribution Director
The enhancements to our product suite include:
- Master Trust
- Group Self Invested Personal Pension
- Occupational Money Purchase
- Stocks and Shares ISA
- General Investment Account
- Investment Only Solutions
The addition of these products has expanded our award winning workplace savings proposition to offer broader, more flexible solutions to help meet your employees’ needs. The acquisition also gives us a workplace pensions and savings platform with leading functionality and flexible investment capabilities that will enable employers and intermediaries to create bespoke investments and access assets not previously available through us.
These additions are further evidence of how we’re reshaping our business to focus on our strategic priorities; including enhancing our commitment to workplace savings by giving employers access to an increased range of trust and contract-based defined contribution solutions, as well as capitalising on our specialist employer support material.
The complementary nature of Zurich Corporate Savings’ and Scottish Widows’ propositions will allow us to focus our expertise and support for employers in meeting scheme objectives and promoting financial wellness, through our engagement support and marketing consultancy. Both are key components in our continued commitment to Helping Britain Prosper.”
A summary of key Q&As – March 2018 update (PDF, 149KB)