Scottish Widows

Lloyds Banking Group is likely to retain insurance subsidiary Scottish Widows following a strategic review of the business.

Brits are twice more likely to insure their pets or mobile phones than their income, according to research.

A third (33%) of UK households could not cope financially if they lost their main income yet only 7% of the population has income protection (IP), according to research.

Scottish Widows will appear in the Supreme Court on 16 May over a tax refund dispute with HMRC.

Is the public really unaware of protection products and their benefits?

More than half of UK adults hold no life insurance despite being highly aware of the importance of having it and other protection products, according to research.

Scottish Widows has paid £1.15bn in life and critical illness (CI) claims since January 2000 equating to over £2m each week.

Lloyds Banking Group has declined to comment on fresh speculation the company is looking to sell Scottish Widows.

Barclays was hit with more than 276,000 customer complaints in the second half of last year - or the equivalent of more than 1,500 per day. But how did the major insurance companies fare?

Only a third of the adviser market is far enough down the road to meeting the RDR deadline, according to Scottish Widows' head of distribution development Robert Kerr.