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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.
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.
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 ...
In 2006, HBOS secured the passing of the HBOS Group Reorganisation Act 2006 (c. i), a local act of Parliament that rationalised the bank's corporate structure. [6] The act allowed HBOS to make the Governor and Company of the Bank of Scotland a public limited company, Bank of Scotland plc, which became the principal banking subsidiary of HBOS.
Lloyds Banking Group plc is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. [4]
These were the protection businesses Scottish Provident and Scottish Mutual; Phoenix Life Assurance Limited (formerly Abbey National Life) and Scottish Provident International. At the beginning of 2009 the offshore businesses Scottish Provident International and Scottish Life International were combined to form a new entity, Royal London 360 ...
The Bank of Scotland plc (Scottish Gaelic: Banca na h-Alba) is a commercial and clearing bank based in Edinburgh, Scotland, and is part of the Lloyds Banking Group.The bank was established by the Parliament of Scotland in 1695 to develop Scotland's trade with other countries, and aimed to create a stable banking system in the country. [2]
The Scottish Amicable Life Assurance Society, commonly known as Scottish Amicable, was a Scottish mutual life insurance company based in Glasgow.It was founded in 1826 and became the sixth largest mutual life assurance institution in the UK with 1.9 million policy holders in the mid-1990s before being acquired.