Strength & expertise
"Working closely with the Trustee Board, our continued focus is on helping members save adequately for retirement. We are committed to delivering innovative digital capabilities and tools, and an exceptional insight led and inclusive member engagement experience. We recognise the huge opportunity to help build financial resilience for members and to help them choose the right retirement journey, with tailored communications and sustainable investment funds that deliver.
The Scottish Widows Master Trust is well positioned to help members and participating employers on this journey, with the backing and financial security of Scottish Widows, who have been helping members save for their financial future for over 200 years."
Graeme Bold, Workplace Pensions Director and Chair of the Scottish Widows Master Trust Strategist Committee.
Graeme Bold, Workplace Pensions Director, and Chair of the Scottish Widows Master Trust Strategist Committee
Sharon Bellingham, Master Trust Lead
Emma Watkins, Managing Director of Retirement and Longstanding
Clare Duggan - Pensions, Stockbroking & Distribution Enterprise Risk Partner
Benefits for employers and members
- insightful member engagement that delivers bespoke, multi-channel communications
- innovative and Responsible Investment, aiming to improve the financial futures of members to and through retirement
- a robust and strategic approach to governance, from our diverse and highly experienced independent Trustee board
- innovative digital solutions bringing members closer to their pension, and supporting financial wellness
- dedicated employer support with round table events and thought leadership
- experienced implementation, asset transition and administration support
- financial strength and expertise, as one of the strongest life and pensions companies in the UK.*
*Rated by Moody's, Fitch & AKG. All ratings correct as at January 2024.
Financial sustainability
Investment in innovation
Scottish Widows continue to prioritise technology and digital innovation to provide a rich member experience.
This long-term commitment and ongoing investment in our customer experience and proposition, means we've a highly knowledgeable and experienced team, who look after members. The team strive to deliver even more innovation tomorrow and far into the future.
Size, scale and expertise
- 4.2m Members*
- 20,000+ Employers*
- Over £86.5bn assets under management*
*Figures for Scottish Widows Open-Book Workplace Pensions
Our awards
UK Pensions Awards 2024 - Defined Contribution Master Trust of the Year
UK Pensions Awards 2024 - Pensions Communication Initiative of the Year
Defaqto 4 Star rating - Defaqto 4 Star rating for Master Trust
FTRC Group Master Trust - Gold awards in Workplace Pension & Auto-Enrolment categories
Investment Life & Pensions Moneyfacts Awards - Best Personal Pension Provider
WSB Awards - Financial Education Provider of the Year
WSB Awards - Pension provider of the year
Pension Age Awards 2022 - Pension provider of the year
