Scottish widows to reduce shares in the United Kingdom

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Scottish widows, one of the largest pension providers in Britain, are preparing to reduce their allocation to shares in the United Kingdom as the government pays pension funds to invest in British companies.

The group, which runs 72 billion pounds of the assets of pensions in the workplace in its virtual funds, plans to reduce the allocation of shares in the UK at the highest growth portfolio from 12 percent to 3 percent, according to the Financial Times Document.

The Scottish widows said in a separate document explaining the change to customers that it was adopting a “more diversified approach” with the aim of “strengthening modified returns by risk by reaping more growing opportunities in high -performance international markets.”

This step is dealt with by the Retail -owned pension provider in LLOYDS to another blow to the sick stock market in Britain, where Al -Shatat exceeds new public offers and there is a bay in the assessments between the companies listed in the United States.

The ministers are trying to encourage retirement plans to invest in British stocks, after years of retirement pension plans that sell stocks in the United Kingdom as they have turned into more attractive opportunities abroad while the defined benefits schemes also turned into bonds when they are matured. The American S& P 500 index added 235 percent based on the total return in the past decade, compared to 92 percent for FTSE 100.

In 2000, retirement funds were in the United Kingdom Almost 50 percent Of their assets invested in local stocks, according to the research conducted by Think-TRANK New Financial. By 2024, it decreased to 4 percent.

Scottish widows plan to reduce the customization of shares in the UK in their most conservative wallet from 4 percent to 1 percent, according to the document. Caret may be more invested in high -level growth rates, as bonds are higher as employees near retirement.

Plans to reduce the customization of shares in the UK come with plans to increase exposure to American stocks. The highest risk portfolio of North America will increase from shares from 46 percent to 65 percent by January, while the low risk portfolio will increase American stocks from 17 percent to 25 percent.

Scottish Didows has about 7.6 percent of pension plans in the virtual workplace in the UK stock. It invests a higher percentage of its “assets under the estimated impact” in the United Kingdom: out of 165 billion pounds that decrease in this category, 35.3 billion pounds in the country is invested in the country.

Cutting the percentage of virtual money invested in shares in the UK would approach Scottish widows to communicate with some of their competitors. Long -term growth pension portfolio 3 percent is allocated to shares in the United Kingdom.

The planned changes come after the Scottish widows rejected last month the signing of a pledge by 17 provides to invest at least 5 percent of their virtual money in the British market assets for the year 2030 in the Dar Al -Qasr Agreement. The UK’s only large pension fund manager was not doing it.

In the documents that FT saw, the pension provider said that his changes will be gradual and completed in December or January 2026. The planned allocations are described as “indicators” and can change.

The Scottish widows FT told “the proposal of the new and good pension – Scottish widows for life – takes the allocation of the market weight to global shares by default, in line with similar proposals from other pensioners.”

He added that he will review these weights on an annual basis and “when necessary, it may include home bias.”