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The Latest Breaking News from Scottish Widows

How power of attorney can protect your future finances

Sorting out power of attorney is an essential safety net for you and your family. By Vicky Shaw.

The Independent UK

Scottish business leaders share their hopes for Budget as Jeremy Hunt vows to go for growth

Announcements due on energy bills and childcare support

Insider UK

Pension experts urge to start saving young as women retire with £123k less than men

Pay gaps don't just affect your working years but can impact your pensions with women's pots averaging £123k less than men's despite working for the same number of years

Daily Mirror

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One in three ‘do not understand how power of attorney can be used’

Some 41% of married couples have power of attorney in place, according to Scottish Widows.

The Independent UK

Warning to unmarried couples living together in UK

Unmarried couples need to take an urgent look at their finances

Liverpool Echo

Unmarried couples risking missing out on life insurance payouts – research

Just 52% of people in an unmarried couple know if their partner has a life insurance policy, according to Scottish Widows.

The Independent UK

Festival set to take over former Scottish Widows head office

Scheduled for redevelopment, the music and arts event will make use of the building at the end of May

Insider UK

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Abandoned Edinburgh building to be taken over for five-day music and arts festival

Having recently transformed the former Royal High School building on Regent Terrace for a similar event, the disused Scottish Widows building on Dalkeith Road will now be given a new lease a life

Edinburgh Live

Single mums worry most about not having enough money during retirement years

New Scottish Widows report suggests the cost of living crisis is impacting lone parent households most.

Daily Record

Scottish Widows appoints new chief executive

The appointment follows Antonio Lorenzo’s decision to retire in 2023

Insider UK

72% of single mothers worried about running out of money in retirement – report

Economic conditions are making it harder than ever to fix the deep inequalities that underlie the pensions gap, Scottish Widows said.

The Independent UK

Financial firms accused of adding to pain of vulnerable customers

People dealing with critical illness or bereavement say poor customer service at insurers and banks often puts them through a new ordeal

The Guardian - UK

The imposing Edinburgh building that split opinion with locals and now lies empty

The building, designed specifically for the company, has stood there for nearly 45 years, but Scottish Widows moved their 2,200-strong staff out in 2020.

Edinburgh Live

Scottish Widows has been so heartless after my wife died of cancer

I can’t get the £44,875 it owes me from our plan, and I’ve bills to pay

The Guardian - UK

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Insider UK

Scottish Widows and former HBOS funds among the UK's worst performing

Report names and shames 31 consistently poor performing funds holding £10.7bn of investors wealth

Insider UK

Scottish Widows names new chairman

The financial services group has been seeking a replacement for Nick Prettejohn since he stepped down in September

Evening Standard

Scottish Widows appoints Wheway chair

He will retain lead at Centrica but step down from senior AXA UK role

Wales Online

New report finds three in four people ‘taking action to cope with financial pressures’

The cost of living crisis is a concern for 81 per cent of adults a report by Scottish Widows has found

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news in one place.

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The Independent UK

Three in four people ‘taking action to cope with financial pressures’

Nearly a quarter have already been forced to dip into their savings

Insider UK

Plans to redevelop former Scottish Widows headquarters unveiled

The capital investment is expected to be in excess of £100m, with around 200 flats planned alongside a modernised office space

Daily Mirror

Martin Lewis fan explains how they tracked down lost pension worth £39,000

The MoneySavingExpert reader, known only as Lance, said the money was in a Scottish Widows account from “years ago” - and he never imagined he would've had £39,000 sitting there

Edinburgh Live

Edinburgh Scottish Widows site could be transformed into 200 new homes

Once a large office space for the pensions company, the site was completely cleared out in 2020, with many across the city waiting to hear what would be done with it.

The Independent UK

Households’ financial wellbeing ‘at lowest point in two years’

Nearly three-quarters of people who accumulated lockdown savings expect to dip into them in the next 12 months, Scottish Widows said.

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