Scottish Widows to tailor default funds towards freedoms

Kristian Brunt-Seymour
clock • 2 min read

Scottish Widows will be one of the first providers to bulk switch its workplace pension customers into default funds tailored to freedom and choice.

The insurer's decision comes on the back of research of its customers since the implementation of the pension freedoms last April which found around only 25% of customers opted to take an annuity. ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

CDC could play important role in tackling pensions adequacy issue, experts say

CDC could play important role in tackling pensions adequacy issue, experts say

Hymans Robertson finds positive feedback among employers about possible move to CDC

Martin Richmond
clock 31 January 2025 • 3 min read
DWA unveils master trust performance comparisons

DWA unveils master trust performance comparisons

Pete Osthwaite asks just how much master trust value is added because of high equity allocations?

Pete Osthwaite
clock 30 January 2025 • 3 min read
How we won the PP Investment Awards 2024... Arcmont Asset Management

How we won the PP Investment Awards 2024... Arcmont Asset Management

Arcmont won the accolade for DC Investment Innovation of the Year

Professional Pensions
clock 22 January 2025 • 3 min read
Trustpilot