Insurance & wealth
Our Insurance & Wealth division helps around 10 million customers with their long-term protection, retirement and investment needs.
We operate through our well-recognised brands: Scottish Widows (life, pensions and investments), Halifax, Bank of Scotland and Lloyds Bank (home insurance) and Lloyds Bank Private Banking and Bank of Scotland Private Banking (Wealth).
Our Insurance business is one of the largest in the UK. We have a strong heritage, helping our customers every day with their diverse and critical needs including life insurance, pensions, investments and general insurance (home and car).
In 2018 Scottish Widows won 5 stars at the Financial Adviser Service Awards across all three categories – Life and Pensions, Investments and Mortgages – for the third year in a row.
Our Wealth business meets the banking and investment needs of our wealthier UK customers. We provide advice in areas including investments, planning for retirement, protection and inheritance tax planning, as well as providing personal lending.
In 2018 we announced that Lloyds Banking Group was entering into a strategic partnership with Schroders to create a market-leading wealth proposition.