Scottish Widows

Replaces Ian Wilkins

Over 7,000 customers affected

In the latest in our series of interviews with some of the industry's key Investment Influencers, Investment Week talks to Jon Beckett of Scottish Widows.

Further work planned following closed book review

Joins firm as investment director

Inherited from SWIP acquisition

Toby Strauss, the chief executive of Scottish Widows, is to exit the group after four years.

Toby Strauss, the chief executive of Scottish Widows, has said the pensions industry is in danger of "breaching its capacity to cope" following the far-reaching changes announced at Budget 2014, unless it is afforded some breathing space by policymakers....

The price war in the passive space continues to rage but some providers refuse to play ball, offering trackers with fees as steep as active funds.

The number of savers putting enough money into their pension to secure an adequate retirement is at its highest level since 2009 at 53%, according to Scottish Widows research.