articles & commentary from Scottish Widows

Scottish Widows

Protection news for Financial Advisers and Paraplanners - Scottish Widows: New business champion for insurance industry to support rights of disabled consumers

One year on from the appointment of the Government’s sector champions, a new champion for the insurance industry has been announced by the Minister for Disabled People, Health and Work. more...

Protection news for Financial Advisers and Paraplanners - Scottish Widows: Clinical study highlights savings worries risk to mental health

As the nation continues to open up on mental health issues, research released today as part of Mental Health Awareness Week (8-14 May 2017) by Scottish Widows shows that one in six of us has suffered psychological problems as a result of money concerns. more...

Protection news for Financial Advisers and Paraplanners - Add value to your client conversations with Scottish Widows

Add value to your client conversations with Scottish Widows new Protect Essentials films for bite sized insight into key product and industry topics. more...

IHT planning for Financial Advisers and Paraplanners - Nothing is more certain than death, taxes and eye watering probate charges

Late on Friday the 24th of Feb, the Lord Chancellor confirmed that following consultation in February 2016 on a change to Probate Fees in England and Wales, the Government will now shortly bring forward legislation to introduce the new fee basis as outlined in their 2016 consultation document wef “ spring 2017” ( my assumption this means April ). The purpose of this Probate Fee change is to aid cover the cost of running the Courts and Tribunals in England and Wales, it is expected to raise circa £250m for the Exchequer. more...

Protection news for Financial Advisers and Paraplanners - Scottish Widows Protect updates critical illness definitions

Scottish Widows has updated the critical illness definitions for Scottish Widows Protect, its intermediary proposition, continuing its aims to remove complexity, provide comprehensive cover and focus the cover where it matters most. more...

Protection videos for Financial Advsier and Paraplanners - Scottish Widdows Protect: New protect essential Films

Add value to your client conversations with Scottish Widows new Protect Essentials films for bite sized insight into key product and industry topics. more...

Protection news for Financial Advisers and Paraplanners - Protection Review: Put Summit #2 in your diary - 9 March 2017

At this interactive two-hour event, we’ll be seeking change through debate. Styled around a classic “for and against” structure we’ll be tackling important, often controversial, industry issues. You’ll be able to hear from the best in the industry, and together we’ll publish a White Paper summarising the debate and recommended actions. more...

Protection News for Financial Advisers and Paraplanners - Scottish Widows: Protection Review: Check out our December product reviews

December product reviews are here Here are our latest product reviews. We look at the results of Aviva's amalgamation of their proposition with Friends Life, Westfield Health's latest PMI, and the latest revamped income protection range from The Exeter. • Exeter Pure Protection Plus and Income One Plus • Westfield Health Access Surgery and Access Surgery Premier • Aviva Individual Protection (Critical Illness+) • Aviva Individual Protection (Income Protection+) • Aviva Individual Protection (Life Insurance+) more...

Autumn statement comment for Financial Advisers and Paraplanners - Scottish Widows: Autumn Statement brings good news for JAMs, says Centre for the Modern Family

Comment from Scottish Widows’ Think Tank, the Centre for Modern Family, which welcomes welfare measures announced by Chancellor Hammond. “Some of the measures announced in the Autumn Statement, such as the increase in national wage and significant investment in affordable housing, are good news for ‘Just About Managing’ and hard working families across the UK. For far too long they have been struggling with the rising cost of living and stagnating incomes. more...

Tax Techtalk for Financial Advisers and Paraplanners - Scottish Widows: Register for our Tax planning with protection insurance MasterClass

In this Techtalk MasterClass, we focus on Tax planning with protection insurance. Register now and watch it live on the 8th November at 10.30am -11.30am. more...

Budget update for advisers and paraplanners - Scottish Widows: March 2016 Budget Update

The Chancellor of The Exchequer presented his 2016 Budget. Our Financial Planning team has prepared detailed analysis of the announcement which highlights the key impacts for you and your clients. more...

Protection news for Financial Advisers and Paraplanners - Scottish Widows: Protection for your clients and the people they love

Scottish Widows Protect has been designed specifically for the intermediary market and gives you access to online tools, calculators and support to help with your clients’ personal and business protection needs. more...

Protection News for Financial Advisers and Paraplanners - Scottish Widows: Protection Review - Awards Voting

The voting for this year's awards is now OPEN. There are categories for advisers, insurers, reinsurers, tech firms and more - and your votes will help decide the shortlists. more...

Tax news for Financial Advisers and Paraplanners - Scottish Widows: Tax planning ahead of the tapered annual allowance

Last summer the Government announced changes to the pensions Annual Allowance for people with high levels of income. more...

Tax year end News for Financial Advisers and Paraplanners - Scottish Widows: Techtalk tax year end special edition

Our Techtalk magazine provides topical expert guidance for intermediaries that anticipates, interprets and forecasts key industry changes and regulation. more...

Protection News for Financial Advisers and Paraplanners - Scottish Widows Protect Roadshows - Your Reminder Invitation

I’m delighted to invite you to attend one in a series of Scottish Widows Protect Roadshows taking place across the UK in January and February 2016. more...

Protection news for advisers - Scottish Widows: Techtalk protection special edition

Our Techtalk magazine provides topical expert guidance for intermediaries that anticipates, interprets and forecasts key industry changes and regulation. more...

Protection News for Financial Advisers and Paraplanners - Scottish Widows: Immediate benefits for you and your clients

Designed for the intermediary market, Scottish Widows Protect gives you access to a full range of benefits to help with your clients’ personal and business protection needs. more...

Retirement news for Financial advisers and paraplanners - Scottish Widows: Retirement Account. It works for your clients. It works for you.

Scottish Widows Retirement Account is flexible enough to suit a range of clients and risk appetites. It’s easy to set up and charging is simple, transparent and competitive. more...

Pensions News for Financial Advisers and Paraplanners - Scottish Widows November Techtalk

Scottish Widows Techtalk magazine provides topical expert guidance for intermediaries that anticipates, interprets and forecasts key industry changes and regulation. more...

Retirement News for Financial Advisers and Paraplanners - Scottish Widows September Techtalk

Our Techtalk magazine provides topical expert guidance for intermediaries that anticipates, interprets and forecasts key industry changes and regulation. more...

Protection news for Financial Advisers and Paraplanners - Scottish Widows: New Techtalk MasterClass - Get the latest insight on Lifetime Allowance Protection

Bringing you the latest retirement insights, our specialist Financial Planning team invites you to find out for yourself by watching our Techtalk MasterClass webinar on Lifetime Allowance Protection. more...

Pension news for Financial Advisers and Paraplanners - Scottish widows: Disrupted Pensions – it’s the UX that’s really causing the short term disruption #Fintech

I work in a large Financial Service business and have been responsible for developing our digital capability. Throughout this work what has become very clear is that UX and the experience this generates for customers can mean the difference between engaging your customers or turning them off. more...

Protection news for advisers - Scottish Widows brings new digital protection offering to intermediary market

Scottish Widows has launched a new protection proposition to the intermediary market. more...

Pensions news for financial advisers and paraplanners - Scottish Widows: Workplace Pensions – What do employees like my clients’ think?

As auto enrolment rolls out, members are becoming increasingly reliant on their workplace pension in retirement, and for many, employer contributions are the main reason for saving according to our research. more...

Protection News for Financial Advisers and Paraplanners - Scottish widows paid out over £190 million in life and critical illness claims in 2014

Scottish Widows has published its protection claims stats, which show that over £190 million was paid out in life and critical illness claims in 2014. more...

Mortgage news for Financial Advisers - Scottish Widdows: 2015 Protection Report - Mortgages

The Mortgage Market Review (MMR) has changed the house buying landscape. Greater scrutiny over lifestyle and expenditure means a new generation of homeowners are far more aware of the way they spend their money. more...

Pensions News for Financial Advisers and Paraplanners - Scottish Widows: Pension Freedoms Month 2

Interest in Pension Freedoms remains unabated in the press with many stories appearing about who is doing what however there is little concrete evidence as to what is actually happening. more...

'Pension reforms update for financial advisers and paraplanners. - Scottish Widows: Supporting you and your clients with pension freedoms solutions

The new pension freedoms announced last year have revolutionised the way we think about pensions, creating more opportunities for you to support your clients. more...

Pension reform update for Financial Advisers and Paraplaners - Scottish Widows: Helping your clients understand Pension Freedoms

Our servicing and communications strategy Our new comprehensive servicing and communications strategy will cover every key customer touch point and has a consistent call to action to seek financial advice: more...

Auto Enrolement news for Financial Advisers and Paraplanners - Scottish Widows: Retirement savings: encouraging trends

The first 18 months of automatic enrolment could hardly have gone better for the Government. Most employers met their obligations on time, and opt-out rates for employees were in single figures, which was far lower than expected. But simply getting people into pension arrangements must be seen as a start, and not as an end in itself. The benchmark for the tenth Scottish Widows Retirement Report is 12% of earnings saved from age 30 to state pension age for those not expecting their main income to come from a defined benefits (DB) scheme. This will not provide a luxurious retirement, but should give an acceptable living standard. For average earners it is almost twice the automatic enrolment minimum, but includes employer contributions and non-pension savings designated for retirement. more...

Tax update for Financial Advisers and Paraplanners - Scottish Widows: All the tax changes, in a handy guide

Following the Budget Announcements in March, we have updated our Tax Facts booklet for 2015/2016. Tax Facts is a useful tool which can be used as a quick reference guide to check the revised tax rates and reliefs for the 2015/2016 tax year. more...

Pension news for Financial Advisers and Paraplanners - Scottish Widows: So Pension Freedoms have arrived – is it a big deal?

For many advisers April 6th and Pension Freedoms has arrived and passed without making too much of ripple and in some of the financial press the first day was described as a bit of a damp squib. However in provider land the reality has been a bit different – with large numbers of customers getting in touch to look into their options, and large numbers have got in touch to access their cash. more...

Pension Reforms update for Financial Advisers and Paraplanners - Scottish Widows: 5 steps to help you plan for your retirement

With the new Government pension rules coming into place in April 2015, it’s important to understand the changes and review your pension options. more...

Tax news for financial advisers and paraplanners - Scottish Widows: All the tax changes, in a handy guide

Following the Budget Announcements in March, we have updated our Tax Facts booklet for 2015/2016. Tax Facts is a useful tool which can be used as a quick reference guide to check the revised tax rates and reliefs for the 2015/2016 tax year. more...

On-Line Magazine for Financial Advisers and Paraplanners - Scottish Widows Techtalk

Our technical magazine for financial advisers Techtalk is our free online magazine which is written by our technical experts3 and provides technically relevant, up-to-date information. The key rationale of techtalk, and indeed one of the reasons it is so popular amongst financial advisers, is the non-sales, non-promotional approach of the articles. The overall theme is to anticipate, interpret and forecast key industry changes and regulation. more...

Pension news for Financial Advisers and Paraplanners - Scottish Widows: Getting your potential clients planning

This year’s pension reforms mean that the landscape for you and your clients is changing like never before. Scottish Widows new ‘Change your life in an hour’ campaign aims to get people thinking about their plans for retirement and highlights the benefits of good financial advice. We want people to be prepared and informed for their discussions with you. more...

Tax news for financial advisers and Paraplanners - Scottish Widows – Read February’s edition of Techtalk

Techtalk is our free online magazine which is written by our technical experts and provides technically relevant, up-to-date information. The key rationale of techtalk, and indeed one of the reasons it is so popular amongst financial advisers, is the non-sales, non-promotional approach of the articles. The overall theme is to anticipate, interpret and forecast key industry changes and regulation. more...

Pension news for Financial Advisers and Paraplanners - Scottish Widows: Supporting you and your clients with pension freedoms solutions

The new pension freedoms announced last year have revolutionised the way we think about pensions, creating more opportunities for you to support your clients. more...

Pensions news for advisers and paraplanners - Scottish Widows: Read January’s edition of Techtalk

There’s a record increase in the number of women saving adequately for retirement in the last year, but there’s more advisers can do to add some real value to the financial future of female clients. more...

Protection podcast for financial advisers - Scottish Widows: Esther Dijkstra on Scottish Widows Protection and Improving Customer Engagement

Scottish Widows must be one of the most iconic brands in UK financial services. And after almost a ten-year absence they are about to launch back into the adviser protection space. more...

Budget news for advisers - Scottish Widows Autumn Statement Update

Following the Chancellor’s 2014 Autumn Statement we produced a clear and detailed summary of the changes. more...

Retirement news for advisers and paraplanners - Scottish Widows Live Debate

From April 2015, the new pension freedoms will give retirees new flexibilities in how they take their retirement income. more...

Pensions news for Financial Advisers and paraplanners - Scottish Widows: 2014 Autumn Statement Summary

Recently The Chancellor of the Exchequer, George Osborne, delivered the 2014 Autumn Statement. more...

Retirement News for financial Advisers - Scottish Widows: New Roundtable: Achieving the Best Customer Outcomes

This month on our online hub we’re focusing on the new Budget freedoms and the role of advisers, providers and the Government in getting the best outcomes for clients. more...

Protection News for Financial Advisers - The Seven Families consumer financial protection awareness and educational initiative - Family 3....Paul & Vicky Pickford

Paul Pickford from Bolton was fit and healthy and ran a car dealership until two years ago. In November 2012 at the age of 42 he suffered a brain stem stroke while at work. He is now paralysed, unable to speak and cared for by his wife Vicky. more...

Retirement news for advisers and paraplanners - Buy to let vs Drawdown

Clients may be considering releasing all their pension funds to invest in buy to let property to provide a retirement income. We look at some of the potential pitfalls. more...

Protection news for Financial advisers - Scottish Widows Latest Protection Report

Our latest research shows an increasing number of people aren’t financially prepared should they get sick or injured. more...

Pension Update for financial advisers - Scottish Widows: DWP Response

Important information on initial commission. We recently communicated to the market that initial commission for new and existing schemes is coming to an end. Initial commission will end for all qualifying corporate schemes from 3rd November 2014. more...

Retirement Planning assistance for Financial Advisers - Scottish Widows: Insight on retirement planning for self-employed clients

This month we are continuing to look at the financial planning needs of small business clients. more...

Retirement news for advisers and paraplanners - Scottish Widows: Read September’s edition of Techtalk

The statutory residence test explained - The key points of the UK’s statutory residence test explained, to help advisers working with internationally mobile clients. more...

Better Business for financial advisers and paraplanners - Scottish Widows – New Roundtable (Small business owners)

New roundtable: The rise of women and graduates as small business owners more...

Auto-enrolment update for financial advisers - Scottish Widows: Workplace Pensions Report 2014

More than three-quarters of people are now aware of Automatic Enrolment. more...

Protection News for Financial Advisers - Scottish Widows: Protecting Your Family report 2014

It’s something we don’t like to think about but our latest report shows an increasing number of UK families with young children don’t have any financial protection - should the worst happen. more...

Financial services report for Financial advisers and paraplanners - Scottish Widows – The Centre for the Modern Family report

The Centre for the Modern Family: Family Generations & Financial Pressures Report. more...

Pension news for advisers - Scottish Widows Techtalk

We answer anticipated questions following the increase in the GAD limit from 120% to 150% more...