Scottish Widows Platform receives A rating by AKG

One of only four platform providers to hold the highest rating

Isabel Baxter
clock • 2 min read

The Scottish Widows Platform has received an ‘A' rating, the highest awarded for financial strength from financial analytics firm AKG.

Scottish Widows Platform is one of only four UK platform providers to hold the highest AKG platform rating of ‘A', which is described as "superior financial strength". The ratings provide financial advisers with an independent assessment of a firm's financial resilience. The Scottish Widows Platform rating was pinned on the operational business level, but also considers relevant group structure and the support of Lloyds Banking Group which has already invested £125m in the Scottish Widows Platform. Scottish Widows group head of platform proposition Jonathan Sandell noted that under...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Platforms

Wesleyan launches 'digital-first' platform for its advisers

Wesleyan launches 'digital-first' platform for its advisers

Powered by SS&C Technologies Holdings

Isabel Baxter
clock 18 June 2025 • 1 min read
PA Awards 2025: Why Aviva came out top for platform success

PA Awards 2025: Why Aviva came out top for platform success

Aviva’s Al Ward on learning from adviser feedback and the push for clarity

Jen Frost
clock 12 June 2025 • 3 min read
Platforms prioritising growth but process efficiency 'must come first'

Platforms prioritising growth but process efficiency 'must come first'

‘Growth without operational readiness carries risk'

Isabel Baxter
clock 29 May 2025 • 2 min read