Scottish Widows will restrict or limit the types of investments or particular stocks permitted under your Account and will notify you of such restrictions or limitations. Those investments that are deemed permissible by Scottish Widows, under your Account, are known as “Permitted Investments”.

Where relevant Scottish Widows, or your financial adviser, will notify you of the list of investments you may hold, buy, sell or transfer within your Account. It is your responsibility to familiarise yourself with the Permitted Investments and any applicable prohibited investments and consider them before making any investment decision.

If you are in any doubt about whether what you want to invest in is a Permitted Investment please contact Scottish Widows before placing an order with us.

Lloyds Banking Group Ordinary Shares are not Permitted Investments and therefore cannot be held, bought, sold or transferred within your Account. Please contact Scottish Widows if you wish to discuss this further.