Scottish Widows Pension Reviews

Ratings based on 6 reviews Last review 1 day ago

Scottish Widows pension reviews written by Smart Money People like you. For many of us, our pension is an important part of our financial future. Finding a pension provider that you can trust and rely on is a must for many people. Take a look at our...

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Scottish Widows pension reviews written by Smart Money People like you. For many of us, our pension is an important part of our financial future. Finding a pension provider that you can trust and rely on is a must for many people. Take a look at our Scottish Widows pension reviews to find out what life at Scottish Widows is really like. If you hold this pension, we'd love you to write an honest review here too!

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Your Pension Reviews (6)

28th September 2020

Very poor in all aspects.

I have two pensions. One with Scottish Widows (Clerical Medical), the other with Aviva. In comparison, SW/CM were exceptionally poor on all fronts, when compared with the competition. Over 20 years their investment return was a fraction of others,...

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I have two pensions. One with Scottish Widows (Clerical Medical), the other with Aviva. In comparison, SW/CM were exceptionally poor on all fronts, when compared with the competition. Over 20 years their investment return was a fraction of others, their record keeping and sharing of investment data is secretive, and suspiciously absent, and now their customer service provides delays and lip service. Mark Radin.

17th July 2018

Don't waste your money

Dug meat company don't waste your time or your money with a company which does not invest in its staff or technology. Lloyds banking group try to run this as a bank and do not invest any time or resources into this once successful firm

20th April 2018

Confusing

I've had reason to contact the company several times in the past three months. The customer service staff are always kind but never seem to know enough. I've been passed around from department to department in quest of answers to what are fairly...

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I've had reason to contact the company several times in the past three months. The customer service staff are always kind but never seem to know enough. I've been passed around from department to department in quest of answers to what are fairly simple questions. Their literature, too, seems intended to obfuscate matters rather than to assist customers. They're very clear about where impartial advice can be obtained which is excellent. Altogether a very frustrating, albeit friendly, experience.

29th August 2015

Distressing

I was persuaded by an advisor at Lloyds TSB to start a pension with Scottish Widows. At the time I could barely afford it but it seemed sensible to start saving for my...

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I was persuaded by an advisor at Lloyds TSB to start a pension with Scottish Widows. At the time I could barely afford it but it seemed sensible to start saving for my pension.

A couple of years later I was horrified to discover that there was now half the money that I had saved in the account. I was upset that money I had struggled to save had been halved.
I stopped payments and rang Scottish Widows who told me that there was nothing that I could do about it as it was a risk I took when I took the policy out.

In the great scheme of things it was a relatively small amount of money, but money that I could ill afford to lose.