Scottish Widows focuses on wealth management after BPA exit

Scottish Widows today set out its wealth and platform capabilities as it concentrates on intermediary and workplace wealth management following its exit from the bulk purchase annuity market.

Scottish Widows said its platform is now trusted by more than 18,000 advisers and 5,400 advice firms, managing pensions and investments for almost 166,000 clients. The business has more than £232bn of…