Scottish Widows

Scottish Widows

Lloyds ponders £7bn sale of city's Scottish Widows

TAXPAYER-backed Lloyds Banking Group is considering a sale of its pensions and insurance business Scottish Widows.

Lloyds Banking Group may sell Scottish Widows

TAXPAYER-backed Lloyds Banking Group is considering a sale of its pensions and insurance business Scottish Widows, it was reported today.

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Scottish Widows Investment Partnership chief vows to improve after funds lag rivals

THE head of UK equities at Scottish Widows Investment Partnership has pledged improvement after admitting its funds have persistently underperformed.

Firm to guard against more snowfalls

SCOTTISH Widows is said to be preparing to spend £600,000 on snow guards to prevent a repeat of the avalanche at its Edinburgh headquarters.

Jeremy Charles is latest new face to join Swip team

SCOTTISH Widows Investment Partnership (Swip) has named Jeremy Charles as investment director for UK equities in a further manager reshuffle at the Edinburgh-based firm.

Scottish Widow emerges with updated look for 2010

THE image of the Scottish Widow has been given a fresh look in a new series of photographs.

Swip launches new bond fund

SCOTTISH Widows Investment Partnership (Swip) yesterday launched a bond fund aimed at retail investors through discretionary fund managers.

Equities exodus forces Swip into shake-up

SCOTTISH Widows Investment Partnership (Swip) yesterday revealed it had restructured its equities operation after its emerging markets team was raided by Martin Currie for the second time in less than a fortnight.

Scottish Widows faces new pension advice claims

SCOTTISH Widows is set to face further claims over alleged mis-advising of pension fund clients despite the company winning a major court victory earlier this month.

Scottish Widows quashes £600m court threat

LLOYDS Banking Group-owned Scottish Widows has won a significant legal victory over a claim that it gave negligent advice to a company pension scheme in 1999. The Court of Session ruling shuts the door on a raft of similar claims coming forward, which could have resulted in the pension provider paying out as much as £600 million.

Scottish Widows earnings up

PROFITS at Scottish Widows Bank rose 14 per cent last year to £38.2 million despite ongoing restraints in the mortgage and savings market, accounts released today show.

Pressure growing on Lloyds to offload Widows

LLOYDS Banking Group was facing further pressure to offload assets yesterday as concerns over new banking regulations posed more questions about the future of its Scottish Widows subsidiary.

Ponte appointed for Swip high-yield team

SCOTTISH Widows Investment Partnership yesterday appointed Giulio Ponte as senior high-yield analyst in its fixed-income team. Ponte has nine years' credit research experience, most recently in the United States, where he was associate director and high-yield investment analyst at Aladdin Capital Management.

£50m in Scottish Widows payouts unclaimed

A DECADE after members voted for demutualisation, thousands of Scottish Widows policy holders have yet to claim payouts totalling almost £50 million.

Negligence case: evidence closes

SCOTTISH Widows is due to finish giving evidence in the Court of Session this week in answer to accusations of negligence.

'There's no exodus' says Swip chief as revamp takes shape

SCOTTISH Widows Investment Partnership chief executive Dean Buckley has unveiled a new structure for the fund manager after dismissing claims that it was unable to retain key staff.

Scottish Widows in £66m deal to buy Capital retail park

A MAJOR city retail park has been sold in the biggest new investment in Edinburgh so far this year.

Buckley under pressure as another round of key staff resigns from SWIP

PRESSURE is piling up on Scottish Widows Investment Partnership chief executive Dean Buckley ahead of a key strategy review as it continues to suffer defections of key staff and investor criticism of its performance.

Hunt for lucky policyholder

SCOTTISH Widows is trying to trace a policyholder who is due a windfall of over £100,000.

'Missing' Scottish Widows members still to claim £70m

MORE than 30,000 Scottish Widows policyholders eligible for a collective £70 million in pay-outs when the group demutualised nearly a decade ago have yet to claim their cash.

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