STRENGTH & EXPERTISE

"We are committed to delivering innovative technology enhancements and an exceptional experience to meet the evolving needs of our Master Trust members and participating employers. Working closely with the Trustee Board, we're driving delivery of a Master Trust, which keeps members fully informed, engaged and empowered to choose the right retirement journey, with tailored communications and investment funds that deliver.

We are proud that the Scottish Widows Master Trust is backed by the experience, financial commitment, and scale of Scottish Widows, who have been helping members save for their financial future for over 200 years."

Jackie Leiper, Managing Director Pensions, Sharedealing & Distribution & CEO Embark Group. 

SCHEME STRATEGIST

The Scheme Strategist is responsible for driving the commercial activities and business plan for the Scottish Widows Master Trust.

This role is undertaken by the Master Trust Strategist Committee who are a highly experienced, and workplace pension focused, committee drawing on a breadth of expertise from across Scottish Widows. The Strategist Committee have regular and open dialogue with the Trustees.

Graeme Bold, Workplace Savings Director


Graeme Bold, Workplace Pensions Director, and chair of the Scottish Widows Master Trust Strategist Committee

Sharon Bellingham


Sharon Bellingham, Master Trust Lead

Vicky Flenk, Finance Director


Vicky Flenk, Finance Director, Workplace Pensions, General Insurance and Protection

Emma Watkins, Managing Director of Retirement


Emma Watkins, Managing Director of Retirement and Longstanding

Clare Duggan, Pensions, Stockbroking and Distribution Enterprise Risk Partner


Clare Duggan - Pensions, Stockbroking & Distribution Enterprise Risk Partner

Sonia studying

BENEFITS FOR EMPLOYERS AND MEMBERS

  • insightful member engagement that delivers bespoke, multi-channel communications
  • innovative and Responsible Investment, aiming to improve the financial futures of members to and through retirement
  • a robust and strategic approach to governance, from our diverse and highly experienced independent Trustee board
  • innovative digital solutions bringing members closer to their pension, and supporting financial wellness
  • dedicated employer support with round table events and thought leadership
  • experienced implementation, asset transition and administration support
  • financial strength and expertise, as one of the strongest life and pensions companies in the UK.*

*Rated by Moody's, Fitch & AKG. All ratings correct as at January 2024.

Mother and son colouring empty toilet rolls

FINANCIAL SUSTAINABILITY

The Scottish Widows Master Trust is an essential component of our workplace pension business and future strategy. We've been helping people plan for their future for over 200 years. This means participating employers and members not only benefit from demonstrable commitment to market, but also the knowledge, know-how and experience of one of the UK's largest pension providers.
Elliot and Daisy

INVESTMENT IN INNOVATION

Scottish Widows continue to prioritise technology and digital innovation to provide a rich member experience.

This long-term commitment and ongoing investment in our customer experience and proposition, means we've a highly knowledgeable and experienced team, who look after members. The team strive to deliver even more innovation tomorrow and far into the future.

Woman fixing bike chain

SIZE, SCALE AND EXPERTISE

  • 4.2m Members*
  • 20,000+ Employers*
  • Over £86.5bn assets under management*

*Figures for Scottish Widows Open-Book Workplace Pensions

Our Financial Strength

More about Scottish Widows

Our awards

Master trust of the year 2022

UK Pensions Awards 2022 - Defined Contribution Master Trust of the Year

4 star rating for Master Trust

Defaqto 4 Star rating - Defaqto 4 Star rating for Master Trust

FTRC Group Master Trust

FTRC Group Master Trust - Gold awards in Workplace Pension & Auto-Enrolment categories

Best Personal Pension Provider

Investment Life & Pensions Moneyfacts Awards - Best Personal Pension Provider

Financial Education Provider of the Year

WSB Awards - Financial Education Provider of the Year

Pension Provider of the year

WSB Awards - Pension provider of the year

Pension provider of the year

Pension Age Awards 2022 - Pension provider of the year

Financial Adviser Service Awards

Financial Adviser Service Awards - 5* Financial Adviser Service Awards 2022