Scottish Widows, also known as Scottish Widows plc, are a life, pensions and investment company - they are a subsidiary of the Lloyds Banking Group. They are headquartered in Edinburgh, Scotland - where they began life in 1812, after a number of Scotsmen gathered to discuss setting up general funds, for the security of provisions for wives, sisters and other female relatives of the fundholders - so as to not plunge their significant others into poverty after their deaths. The company specialises in life assurance, pensions, investments and savings.
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