Company type | Subsidiary |
---|---|
Industry | Financial services |
Founded | 1815 |
Headquarters | , |
Key people | Chirantan Barua (Chief Executive) Scott Wheway (Chair) |
Products | Life insurance Pensions Investments Savings |
Number of employees | 3,500 (2011)[2] |
Parent | Lloyds Banking Group |
Website | www |
Scottish Widows is a life insurance and pensions company located in Edinburgh, Scotland, and is a subsidiary of Lloyds Banking Group. Its product range includes life assurance and pensions. The company has been providing financial services to the UK market since 1815. The company sells products through independent financial advisers, direct to customers and through Lloyds Banking Group bank branches. The investment and asset management arm (Scottish Widows Investment Partnership) was sold in 2013 to Aberdeen Asset Management.[3]