Product Governance

Individual Annuities

Keep up to date with Product Governance and Consumer Duty and find out what that may mean for you and your clients.

Fair value statement

Fair value statement

All insurers must show their products offer consumers fair value under product governance rules. Distributors of our products must also complete their own assessments. The Scottish Widows Fair Value statement supports you with this. It explains how weā€™ve assessed our product governance and pricing approach, to deliver fair value to our customers.

Target market

Target market

Please read our target market document. (PDF, 64KB)

Product characteristics

Product characteristics

For an overview of our Annuity features and benefits please view our annuity literature.Ā 

Understanding Consumer Duty

Read what Consumer Duty means for you and your clients in our short guide.

Understanding Consumer Dutyā€Æ(PDF, 193KB)

 
Watch our ā€˜Preparing for Consumer Dutyā€™ webinar which highlights the key challenges of this topic, as well as how these new regulations could apply to advisers and what support we can provide you.

Preparing for Consumer Duty

 
Read our Techtalkā€Æ article ā€˜Consumer Duty ā€“ What does it really mean?ā€™ This takes a detailed look at what the FCAā€™s new Consumer Duty means for product manufacturers and advisers.

Consumer Duty - What does it really mean?ā€Æ(PDF, 82KB)

What do you want to do next?

Why choose Scottish Widows

Why choose Scottish Widows

Individual Annuities Click for more information.

Find out how to apply for one of our Annuities

Find out how to apply for one of our Annuities

How to apply

If you are new to Scottish Widows, find out how to get a quote

If you are new to Scottish Widows, find out how to get a quote

How to get a quote