ABOUT US

OUR FINANCING PROPOSITION

Our purpose is to invest the Scottish Widows’ annuity fund to help deliver positive real world change. Supporting clients’ transition towards a low carbon future by providing long-term debt in a range of sectors including Real Estate, Housing and Infrastructure projects, we ensure guaranteed income for our Annuity customers, whilst working towards Helping Britain Prosper.

  • Experience and expertise

    Highly experienced transactional team with extensive deal structuring expertise.
  • Relationship led

    Strong focus on client needs with a flexible approach and structured solutions.
  • Scale and coverage

    UK-focused strategy, with current debt book of c.£9bn and long-term loans across Real Estate, Housing and Infrastructure.
  • Group strength

    Ability to leverage expertise, knowledge and experience from sector specialists across Lloyds Banking Group, with access to a range of complementary products and services.
  • Managing ESG risk

    Working with clients to understand the physical and transition risks to their business from climate change.
  • Committed to net zero

    We’ve set ourselves an ambitious goal to achieve net zero across all of our investments by 2050.

OUR BACKGROUND

Heritage and Integrity

Heritage and Integrity

  • Providing financial security for over 200 years
  • Almost 6 million customers
  • Committed to being a responsible investor
  • Goal to achieve net zero on all our investments by 2050
  • Frequently receive awards and industry recognition - see our Awards and Ratings page for more details

Balance sheet strength

Balance sheet strength

  • Strong ratings and capital position
  • High quality investment portfolio
  • Independently regulated and capitalised

 

Data as at 30th June 2023

Scale and diversity

Scale and diversity

  • Wide product range across life, pensions and investments
  • Almost £200 billion assets under administration
  • £17 billion annuity fund, investing in long dated assets
  • Annualised annuity payments to customers in retirement of over £1.1bn

Independent financial strength ratings

 

 

Company

Moody's

Fitch

AKG

Company

Scottish Widows

Moody's

A2

Fitch

A+

AKG

A Superior

Source: Moody’s, Fitch and AKG. All ratings correct at October 2024  

If you'd like to find out more, please contact our team.

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