Scottish Widows

The government has accepted the concerns of opposition parties on pension reform but warns any consensus will have to be accepted by the public.

There has been a dramatic deterioration in the proportion of people saving for their retirement in the last twelve months, research from Scottish Widows reveals.

Scottish Widows have added income drawdown to its Individual Buy Out plan, or Section 32 (S32) deferred annuity.

Swiss Re has announced it is staying in the guaranteed critical illness market following the closing of its acquisition of GE Insurance Solutions.

Scottish Widows has added online processing to it's extranet to allow advisers to submit applications and get illustrations for its flexible options bond.

Women spend five times longer than men when choosing an outfit but are likely to spend 15 minutes less than their counterparts managing their weekly finances, suggests research.

Proposals to abolishing contracting-out for defined contribution (DC) pension schemes outlined in yesterday's white paper has caused concern among some sectors of the industry.

Ahead of the publication of the white paper on pensions reform, Scottish Widows has stated the state pension system has to be reformed before a National Pension Savings Scheme (Npss) can be introduced.

Industry experts have suggested numerous ways income protection (IP) can be reformed, following a report published by Swiss Re yesterday which states IP needs a radical review to prevent it becoming "a marginal product".

People fall into one of four types of saver categories, influenced by the habits their parents taught them as children, claims new research from Scottish Widows.