About Scottish Widows
History
In March 1812, a number of eminent Scotsmen gathered in the well established Royal Exchange Coffee Rooms in Edinburgh, to consider setting up ‘a general fund for securing provisions to widows, sisters and other females’.
After many discussions, a first statement of principles enlarged the original remit, proposing ‘the formation of a General Society … the benefit of which may be extended to all parts of the United Kingdom’.
The Scottish Widows Fund Life Assurance Society – Scotland’s first mutual life office – opened for business in 1815.
In 1824 a policy of assurance was issued to the novelist Sir Walter Scott.
Over more than 190 years, from the Industrial Revolution – through two world wars and into the era of global mass communication – we have grown and developed our mission to help our customers plan their long-term financial futures.
Now, as part of the Lloyds Banking Group, we continue to dedicate our efforts towards providing outstanding service and value for money to all our customers.
Current Offering
Current Offering
The Scottish Widow is now part of the country’s popular culture, and Scottish Widows is one of the most recognised brands in the life, pensions and investments industry. (Source: IPSOS Brand & Advertising Tracking Study, February 2007).
We understand that preparing for the future is important, but that financial planning can be complicated and companies like us can be distant and remote. We are different because we understand.
We offer a range of products and services which can help our customers make the right decisions for their financial futures.
Scottish Widows currently employs around 4,000 people: in customer service; information technology; marketing and distribution; risk, legal and compliance; finance and support.
The Scottish Widows Investment Partnership is now one of Europe’s largest asset management companies, managing £92.5 billion of client funds (Source: SWIP – as at 31st March 2008).
Our headquarters are in Edinburgh along with our servicing centre.
