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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.
Scottish Widows Investment Partnership was created in 2000 following the merger of two well-established asset management companies, Scottish Widows Investment Management and Hill Samuel Asset Management. SWIP came into being under the leadership of Orie Dudley who resigned later that year to move to Northern Trust. [2]
In 1999, the group agreed to buy the Scottish Widows Fund and Life Assurance Society for £7 billion. [32] The society demutualised in 2000, shortly before the acquisition was completed. [ 33 ] In 2001, Lloyds TSB made a bid to acquire Abbey National ; however, the bid was blocked by the Competition Commission , who ruled that a merger would be ...
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At the end of 2015, Royal London completed the rebrand of its two UK protection businesses, Bright Grey and Scottish Provident to a new Royal London protection brand. This completed the group’s journey to become a single Royal London brand. In 2020 Royal London purchased Police Mutual and Forces Mutual. [9]
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Aegon UK (Aegon) is an Edinburgh based financial services provider specialising in pensions, investments and insurance.. Aegon is the brand name for Scottish Equitable plc and it is a subsidiary of Aegon N.V., a multi-national life insurance, pension and asset management company headquartered in The Hague, Netherlands.