Scottish Widows adds 289,000 members to build workplace market presence

James Phillips
clock • 3 min read

Scottish Widows’ workplace pension assets hit £68bn at the end of 2020, comprising almost half of its total £113bn of open book assets under administration.

The provider reported 289,000 new members joined across its workplace schemes in 2020, along with 245 new schemes, taking its total membership to 3.5 million and total employers to 24,000. Overall,...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

DC providers reassessing US allocations due to tariff turmoil, research shows

DC providers reassessing US allocations due to tariff turmoil, research shows

Isio report shows DC providers are underweighting US equities amid concerns

Holly Roach
clock 29 August 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Torsten Bell takes on additional Budget responsibilities, pension firms invest in water infrastructure project, PAG urges MPs to back bill amendment

Professional Pensions
clock 29 August 2025 • 1 min read
Is the NI treatment of pensions now firmly in the chancellor's Budget plans?

Is the NI treatment of pensions now firmly in the chancellor's Budget plans?

Jonathan Stapleton takes a view on the latest Budget speculation

Jonathan Stapleton
clock 28 August 2025 • 3 min read
Trustpilot