Scottish Widows (formerly Clerical Medical), which started out serving clergy members and physicians, today provides middle-class professionals and other clients from all walks of life with tools to build their nest eggs. The company's products include group and individual pension plans and other investment products, such as life insurance, offshore investment funds, and a variety of bonds (flexible growth, income, and others); it has more than £39 billion under management. Scottish Widows is a subsidiary of Lloyds Banking Group.