THE SCOTTISH WIDOWS APP

THE SCOTTISH WIDOWS APP

With a simple, yet secure sign up process, the Scottish Widows app is a great way to stay connected to your long-term savings and make the most of your money and retirement. You can scan the QR code to download the app now or you can find it on your iOS or Android App store.

Learn about our app Learn about our app

RetireWell Webinar Series

RetireWell Webinar Series

Join the Scottish Widows pension experts for a programme of live webinars and get the chance to ask them anything about your workplace pension.

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Florist on retirement

YOUR RETIREMENT JOURNEY

The experts at the Pensions and Lifetime Savings Association have published a set of retirement living standard to help you picture your retirement and what it might cost. They are pitched at three levels, (minimum, moderate and comfortable) based on a basket of goods and services, from food and drink to holidays.

Retirement Living Standards

Pension planning

Pension options

Meet your future self

DEALING WITH UNCERTAINTY

DEALING WITH UNCERTAINTY

We’re committed to supporting you through times of uncertainty, from the rise in the cost of living, protecting yourself from fraud and understanding the impact of global events on long term savings. Here you’ll find the support and resources to help.

Visit our support page Visit our support page

Take control of your finances

Take control of your finances

With finances under pressure from the rise in the cost of living, our Be Money Well site has lessons and tools to help you learn how to take control of your finances.

Be Money Well site Be Money Well site

TRANSFERRING EXISTING PENSION PLANS

It can be easy to lose track of pensions.  

Maybe you've moved jobs or house a few times. There's lots you can do to make sure you're in touch with pensions that could boost your income when you retire.

If you’ve decided to combine your pensions, did you know that doing it online could save you time? Simply log in online to transfer your pensions and combine them into one easy-to-manage plan.

Pension transfers require careful consideration as there are a number of things you need to understand before deciding if it’s right for you. We don’t offer financial advice as part of this process and we won’t compare pension charges for you, so you’ll be responsible for making sure that transferring is in your best interest.

TAKE A FEW MINUTES TO PLAN FOR THE 'WHAT IFS'.

TAKE A FEW MINUTES TO PLAN FOR THE 'WHAT IFS'.

Would you like to leave your pension to someone you care about? Or maybe there's a charity that you'd like to support?

It only takes a few minutes, just go to your 'personal details' page and add them as a beneficiary.

Log in to nominate

Tools & calculators

Government's Mid-Life MOT

Government's Mid-Life MOT

Visit the government’s Midlife MOT website for trusted services, tools and charity resources to help you think about work, health and money with future planning in mind.

Mid-life MOT Meet your future self

Investment Risk Assessment tool

Investment Risk Assessment tool

This tool provides information that you might find useful in choosing investments to help you achieve your retirement objectives. It’s designed to assess your attitude to risk and provide you with an example of a typical asset allocation that might be used by someone with the same attitude to risk.


This tool is provided by a third party and the content is not controlled by Scottish Widows. Once you click on the link to access the tool, you will leave Scottish Widows' website.

Investment Risk Assessment Your Risk Profiler Tool

PENSION FUNDS

PENSION FUNDS

You can find full details of fund choices using the Charges sheet (PDF, 222KB)

Further information on your fund choices can be found here: Pension funds

If your plan number starts with SW, please visit the Member changes page to access the Charges Sheet Tool that is relevant to your plan. Also to view Terms and Conditions, Key Features, Example Illustration, Investment Approaches Guide and the the Pension Fund Investors Guide that are relevant to your plan.

FUNDS AND INVESTING

FUNDS AND INVESTING

YOUR KEY DOCUMENTS LIBRARY

  • Pension investment approaches guide (PDF, 191KB) This guide explains how our pension investment approaches work.
    Investing responsibly (PDF, 2MB) This guide provides information on how Scottish Widows are investing responsibly.
    Premier lifestyling options guide (PDF, 408KB) This guide explains how our Premier pension investment approaches work.
    Pension fund investors guide (PDF, 951KB) An introduction to our Pension Fund range
    Charges sheet (PDF, 722KB) This lists the pension fund choices that are available to you and the total annual fund charge for each fund.

    We may have provided links to documents and other information supplied by third parties (including your employer and their advisers), who are solely responsible for their content and accuracy. All statements, views and opinions contained in these documents and other information are those of the third parties, not Scottish Widows.

  • Your pension (PDF, 2MB) This guide, from the independent Money Advice Service, is also designed to give details on the options available to you when you start to think about taking your benefits.
    Your guide to flexible income (PDF, 1MB) This guide explains the ways in which you can access your pension using the flexible income option.

    We may have provided links to documents and other information supplied by third parties (including your employer and their advisers), who are solely responsible for their content and accuracy. All statements, views and opinions contained in these documents and other information are those of the third parties, not Scottish Widows.

  • A guide to pension tax (PDF, 3MB)

    This guide provides information on the tax treatment of pension payments.
    Important notes for applications (PDF, 68KB) Important notes to be read if you are joining the scheme.
    Salary exchange guide (PDF, 262KB) A guide to salary exchange if relevant for your scheme.

    We may have provided links to documents and other information supplied by third parties (including your employer and their advisers), who are solely responsible for their content and accuracy. All statements, views and opinions contained in these documents and other information are those of the third parties, not Scottish Widows.

Member guide (PDF, 5MB)

This guide should answer most of the questions you might have about your plan.

Joining form (PDF, 2MB) Complete the joining form and return it to your employer
Key features (PDF, 165KB) Important information you need to read.
Example illustration (PDF, 191KB) This shows our standard charges and how they could affect what you might get back. Your actual charges may be different from those shown, please see your personalised illustration for details of these.
Nomination form (PDF, 493KB)

This form allows you to nominate who you wish your pension benefits to go to upon your death.

Terms and conditions (PDF, 557KB) This contains details of the terms and conditions of the plan.

We may have provided links to documents and other information supplied by third parties (including your employer and their advisers), who are solely responsible for their content and accuracy. All statements, views and opinions contained in these documents and other information are those of the third parties, not Scottish Widows.

WOMEN IN RETIREMENT REPORT

WOMEN IN RETIREMENT REPORT

Our latest Women and Retirement report dives deeper into some of the reasons behind the gender pension gap, showing that deep-seated structural inequalities remain on pay and employment.

Read the report (PDF, 4MB) opens in a new tab

YOUR QUESTIONS ANSWERED

  • Many employers provide a workplace pension for their staff. Workplace pensions can be a good option as most employers will also make a regular contribution to your pension.

    HOW DOES A WORKPLACE PENSION WORK?

    Watch our short video to find out more about your workplace pension.

  • Under automatic enrolment, there is a minimum total contribution that must be paid into your pension. The amount is set by the Government and is made up of your and your employer’s contributions, as well as tax relief on your contribution.

    WHAT IS TAX RELIEF?

    Tax relief is just one of the benefits of a pension. In this video, we explain how tax relief works and what it could mean for you. The tax treatment depends on your individual circumstances. Your circumstances and tax rules may change in the future.

    CAN YOU COMBINE YOUR DIFFERENT PENSION POTS TOGETHER?

    Merging your pension pots can make managing your pension much easier, but you may lose access to certain benefits if you do so.

    Can you combine all your pensions?

    Learn more about workplace pensions

  • No matter how close you are to retirement, you still have time to boost your pension savings. You can top up your existing pension contribution by paying in a lump sum or increasing your regular contributions. The retirement benefits you receive will depend on a number of factors including the value of your plan when you decide to take your benefits which isn't guaranteed, and can go down as well as up. The value of your plan could fall below the amount(s) paid in.

    HOW MUCH SHOULD I SAVE FOR RETIREMENT?

    When you start saving for your future it's important to consider how much money you should save.

  • You can find out more about your investment choices in the Key Documents section of the scheme infosite. You may want to review your current investment choice and be comfortable that these are still aligned to your attitude to risk. If you are still unsure what to do you could speak to a financial adviser to help you. Please note, you’ll need to pay for this.

    DO I NEED A FINANCIAL ADVISER?

    Financial Advisers can really help you make the most of your money and plan for your future. We also look at some of the other options available.

    Find a financial adviser

    Learn more about saving for your future

  • Retirement calculators help you to understand what each pension option could mean to you. You can also explore how tax will be applied when taking all or some of your money out.

     

    Go to calculators

    You can also log in to use more tools

    WHEN SHOULD I TAKE MY PENSION?

    When planning for your future, it's important to know when you can access your pension pot.  You can normally take your benefits from age 55, however the Normal Minimum Pension Age will be changing from 55 to 57 from 2028.

    See your pension options

    WHAT IS A STATE 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.

FAQS

FAQS

Answers to some of your pension questions.

Read our FAQs

We want to make sure we keep you updated so you’re in control of your retirement plans. Let us know your communications preferences so we can keep you informed.

Keep in touch

Contact us

Scottish Widows member helpdesk

0345 755 6557
Monday to Friday, 9am to 5pm.

Need help?

You can chat to a member of our team using the 'Live Chat' option available on your login page.

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