General Insurance, Life Assurance and Pensions

Scottish Widows

Address:
PO Box 23051
69 Morrison Street
Edinburgh
EH3 8YF

Telephone: 0131 655 6000

Website: http://www.scottishwidows.co.uk

Founded in 1815 as Scotland’s first mutual life office, Scottish Widows has gone from strength to strength over the past 190 years; it is one of the top providers in the UK Life, Pensions and Investment market. Its products range from ordinary long-term insurance (such as life insurance, pensions and annuities) to savings and investment products.

In 2003, Scottish Widows’ operating profit was £372 million and it achieved weighted sales of more than £734 million. Its brand, the Scottish Widow, is one of the most recognised in the life, pensions and investment industry.

Scottish Widows Investment Partnership manages £77 billion (as at 30 June 2004) of client funds, making it one of the largest investment managers in Europe.

Scottish Widows has a well-established multi-channel sales capability, distributing its products through independent financial advisers, direct sales, direct marketing and via the branch network of Lloyds TSB, with over 16 million personal and business customers.

Scottish Widows currently employs around 4,000 people: in customer service, product development, investment, information technology, sales and marketing, actuarial services and support. It is headquartered in Edinburgh, with offices in other parts of the United Kingdom.