Our Investment Proposition

We offer a range of investment choices to suit your clients’ different workplace pension needs. 

Scottish Widows Managed Solution

Scottish Widows Managed Solution is our fully governed investment solution.  It uses Scottish Widows Lifetime Investment which offers a flexible choice framework:

• A default option
• Alternative lifestyle options
• Self-select funds

Depending on how engaged and confident an employee is, they can elect to stay in the Lifetime Investment default option selected by you and your client, they can choose to move into one of the alternative lifestyle options or they can be more hands-on and choose from the range of self-select funds available to their scheme. 

We provide information for employees who want to move from lifestyles to self-select funds to help them decide whether it’s the right decision, helping to protect their retirement outcomes.

Scottish Widows Lifetime Investment

Lifetime Investment is an innovative, fully-governed and flexible investment option designed to maximise growth potential to support sustainable income in retirement by investing in a range of assets via best-in-class managers with responsible investment fitted as standard.

Scottish Widows Lifetime Investment adviser guide (PDF, 700KB)

Self-Select Fund Range

We offer a choice of investment solutions for members that are confident enough to select their own investments.

Our fund range covers key asset classes, geographical locations, sectors and management styles. It includes funds from well–established external fund managers to complement our internally managed funds.  

Investing responsibly

We believe environmental, social and governance (ESG) factors can be financially material and impact corporate profitability and, therefore, investment portfolios. We exclude certain companies from our investments and tilt away from others to reduce exposure to risks such as stranded assets and help safeguard members’ pension savings in the longer term. But we’re also looking for upside potential from tilting towards companies with better ESG credentials and those transitioning their businesses to a low carbon economy to provide growth and profit opportunities. We’ve partnered with leaders in sustainable investing to help deliver our responsible investment approach.

Find out more about responsible investment polices and approaches

Enhancements to our Pension Investment Approaches

Scottish Widow Pension Investment Approaches (PIAs) are our established pension lifestyle options which have been delivering strong results for members since launch in 2006. We’re continually evolving PIA to deliver improved member outcomes and in 2025 and beyond we’re making a raft of exciting enhancements.

We’ve created dedicated infosites for members to help them understand the changes and where they are on the evolution journey. 

You can find out more about PIA evolution in our guide (PDF, 1MB).