About Scottish equitable
Scottish Equitable: Providing Retirement, Workplace Savings, and Protection Solutions to Over Two Million UK Customers
Scottish Equitable is a subsidiary of Aegon, a multinational life insurance, pensions and asset management company headquartered in The Hague, Netherlands. Scottish Equitable provides retirement, workplace savings and protection solutions to over two million UK customers. With over 180 years of experience in the industry, Scottish Equitable has established itself as one of the leading providers of financial services in the UK.
Retirement Solutions
Scottish Equitable offers a range of retirement solutions that are designed to help individuals plan for their future. These include personal pensions, self-invested personal pensions (SIPPs), income drawdown plans and annuities. Personal pensions are designed for those who want to save for their retirement but do not have access to an employer-sponsored pension scheme. SIPPs offer greater flexibility than traditional personal pensions as they allow individuals to choose where their money is invested.
Income drawdown plans allow individuals who have reached retirement age to take an income from their pension fund while leaving the remainder invested. Annuities provide a guaranteed income for life in exchange for a lump sum payment.
Workplace Savings
Scottish Equitable also offers workplace savings solutions that are designed to help employers provide their employees with access to affordable savings products. These include group personal pensions (GPPs), group stakeholder pensions (GSHPs) and auto-enrolment schemes.
GPPs are similar to personal pensions but are set up by employers on behalf of their employees. GSHPs offer lower charges than GPPs but do not offer as much flexibility when it comes to investment choices. Auto-enrolment schemes require employers by law since 2012 automatically enrol eligible workers into a qualifying pension scheme unless they opt out or choose another qualifying scheme.
Protection Solutions
In addition to its retirement and workplace savings solutions, Scottish Equitable also offers a range of protection solutions that are designed to help individuals and their families cope financially in the event of illness, injury or death. These include life insurance, critical illness cover and income protection.
Life insurance provides a lump sum payment to the policyholder's beneficiaries in the event of their death. Critical illness cover provides a lump sum payment if the policyholder is diagnosed with a specified critical illness. Income protection provides an income if the policyholder is unable to work due to illness or injury.
Why Choose Scottish Equitable?
Scottish Equitable has established itself as one of the leading providers of financial services in the UK due to its commitment to providing high-quality products and excellent customer service. The company has won numerous awards for its products and services, including Best Pension Provider at the 2019 Moneyfacts Awards.
In addition, Scottish Equitable offers online tools and resources that are designed to help customers make informed decisions about their finances. These include retirement planning calculators, investment guides and risk profiling tools.
Conclusion
Scottish Equitable is a leading provider of retirement, workplace savings and protection solutions in the UK. With over 180 years of experience in the industry, Scottish Equitable has established itself as a trusted provider of financial services that offers high-quality products and excellent customer service. Whether you're looking for retirement solutions, workplace savings options or protection solutions for you or your family members - Scottish Equitable can provide you with tailored advice on how best to achieve your goals while protecting your future finances from unexpected events such as illnesses or accidents.