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Scottish Widows
Scottish Widows is a life insurance and pensions company located in Edinburgh, Scotland, and is a subsidiary of Lloyds Banking Group. Its product range includes life assurance and pensions. The company has been providing financial services to the UK market since 1815. The company sells products through independent financial advisers, direct to customers and through Lloyds Banking Group bank branches. The investment and asset management arm (Scottish Widows Investment Partnership) was sold in 2013 to Aberdeen Asset Management. History In March 1812, a number of prominent Scotsmen gathered in the Royal Exchange Coffee Rooms in Edinburgh. They were there to discuss setting up 'a general fund for securing provisions to widows, sisters and other female relatives' of fundholders so that they would not be plunged into poverty on the death of the fundholder during and after the Napoleonic Wars. Scottish Widows' Fund and Life Assurance Society opened in 1815 as Scotland's first mutual lif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Grant (minister)
James Grant FRSE DD DCL (January 23, 1800 – July 28, 1890) was a Scottish minister. Combining his religious skills with business skills he was also Director of Scottish Widows for 50 years (1840 to 1890) and Moderator of the General Assembly of the Church of Scotland in 1854. During his period as Moderator he was styled as Right Rev James Grant and thereafter as Very Rev James Grant. Life He was born in the manse at Portmoak on the northern edge of Loch Leven on 23 January 1800, the son of Rev Andrew Grant, minister of Portmoak. He attended the High School in Edinburgh then studied divinity at the University of Edinburgh. He was licensed as a minister by the Presbytery of Edinburgh in February 1822. In August 1824 he was ordained as minister of South Leith Parish Church in the harbour area of Edinburgh, where he stayed until 1843. The University of Glasgow awarded him an honorary doctorate (DD) in 1842. In 1843 he moved to St Mary's (Bellevue) Church in Edinburgh, in pla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Edinburgh
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1815
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A Brief History Of Humankind
''Sapiens: A Brief History of Humankind'' ( he, קיצור תולדות האנושות, itsur toldot ha-enoshut is a book by Yuval Noah Harari, first published in Hebrew in Israel in 2011 based on a series of lectures Harari taught at The Hebrew University of Jerusalem, and in English in 2014. The book, focusing on '' Homo sapiens'', surveys the history of humankind, starting from the Stone Age and going up to the twenty-first century. The account is situated within a framework that intersects the natural sciences with the social sciences. The book has gathered mixed reviews. While it was positively received by the general public, scholars with relevant subject matter expertise have been very critical of its scientific and historical claims. Summary Harari's work situates its account of human history within a framework: he sees the natural sciences as setting the limits of possibility for human activity and sees the social sciences as shaping what happens within thos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
