Scottish Widows is a life insurance, pensions and investments business owned by the Lloyds Banking Group. Other brands in the same group include Lloyds Bank, Bank of Scotland and Birmingham Midshires
The company was established over 200 years ago, and it remains one of the best known brands in the life and pensions space.
Despite a strong performance at the Ombudsman, it sits below average in our savings account rankings. This is due to relatively low customer trust and transparency scores.