West Yorkshire appoints ScotWid as AVC provider

West Yorkshire Pension Fund, the third largest local authority in the country, has appointed Scottish Widows as a provider for its Additional Voluntary contribution (AVC) scheme. Scottish Widows will administer the scheme together with Equitable Life, who were previously the sole provider. The West Yorkshire pension fund, valued at £5bn, has around 80,000 contributors who work for over 135 employers. Scottish Widows was also recently appointed as AVC scheme provider for Nottingham County Council and South Yorkshire pensions authority. The group says it is keen to expand further in the...