Putting our strength behind Master Trust

Scottish Widows value building strong long-term relationships with our customers and work closely with both employers and advisers. Our flexible proposition means that we can offer support in ways that suit different employers and complement the work of advisers.

We’re one of the largest pension providers in the UK, managing schemes for companies of all sizes, across all sectors. We understand that workplace savings is a complex market and our strength is in supporting our customers, putting them at the core of everything we do. The Scottish Widows Master Trust is aimed at medium to large sized employers and for both their active and deferred members during their working life and through retirement.

The Scottish Widows Master Trust is authorised by the Pensions Regulator.

Explore Scottish Widows Master Trust

Learn more about our Master Trust and its benefits for employers and employees. Our product guide explains how the Scottish Widows Master Trust could meet your needs.

We provide

Robust Governance

We have an independent trustee board and a highly experienced strategist committee consisting of members from Scottish Widows and Lloyds Banking Group.


We offer a standard investment solution or where appropriate we can provide a tailored approach towards investment. We offer solutions designed to meet the needs of members, whether or not they know how they plan to take their benefits.

Member engagement

We understand the importance of engaging and educating members on their retirement planning needs. We offer fully bespoke workplace engagement programmes to meet the needs of members and employers.


One of the cornerstones of our reputation has been the delivery of personal service, tailored to our customers’ needs, with dedicated contacts and expert staff in place to set up and manage schemes.

We provide easy to use employer and member digital solutions which are supported by our dedicated service teams and expert telephony support.

Should you require further information:


Advisers can contact us here or call us on 0345 769 7577.

Contact us


Employers can contact us here.

Contact us


Members can access more information by logging on to their retirement account via our secure member portal or by calling us on 0800 085 4993.

What makes for a successful master trust?

Watch our panel of industry experts debate the key differentiators.

How will innovation and engagement shape master trusts in the post-authorisation market?

Robert Cochran, our pensions expert, discusses with other industry specialists.

The Future or Master Trusts

The master trust sector is set to grow over the next decade. Read our roundtable report to find out how the market could look in 2025 according to our expert panel.

Read our roundtable report

Master Trust Market View

Get expert insight on investment innovation from Iain McGowan, our Head of Fund Proposition.

Read more (PDF)