Scottish Friendly

  Stephen McGee, chief executive of Scottish Friendly, says a bold move to reduce the cash ISA allowance that is supported by a national awareness campaign could help trigger a “paradigm shift” in investing in the UK.

Investors in new stocks & shares ISAs ramped up their contributions in the third quarter of 2025, according to data from Scottish Friendly. The data shows that contributions to new ISAs increased by 13% quarter-on-quarter in Q3, despite the ongoing squeeze on household finances.

Scottish Friendly has raised £14,800 for Action for Children following a fundraising weekend involving colleagues from across the organisation. Action for Children is one of Scotland’s largest children’s charities, supporting vulnerable children, young people and families.

Nearly half of millennials are willing to open a Junior ISA (JISA) to help give someone else’s child a financial foot up, according to research conducted by 3Gem on behalf Scottish Friendly. Meanwhile, the same research shows a continued rise in support amongst the UK public for reforming JISA

New research from Scottish Friendly has revealed that younger generations are challenging outdated stereotypes of financial irresponsibility, demonstrating a greater commitment to saving and investing than their older counterparts. The research shows that while a third (31%) of adults are saving les

There is growing demand amongst Scottish parents for a shake-up of the Junior ISA (JISA) rules to allow members of the child’s extended family to open accounts for children, according to new research from Scottish Friendly. Under the current rules, only parents or legal guardians can open a JI

UK families are finding themselves caught between a growing desire to save and the harsh reality of the cost of living crisis, a new report has revealed. The 2025 Scottish Friendly Family Finance Tracker, an annual snapshot of the investing and savings habits of UK households, shows that despite a g

Scottish Friendly has been named one of the best big companies to work for in the UK by The Sunday Times in 2025. The Glasgow-based mutual was included in the 115-strong list for having consistently high levels of employee experience and wellbeing.

Scottish investors demonstrated a strong start to the year, with initial contributions to new individual savings accounts (ISAs) surging by an average of 19% in the first quarter of 2025 – the biggest quarterly rise of any UK region, according to Scottish Friendly.

Glasgow-based mutual Scottish Friendly has announced its second-highest sales figures in its 163-year history for 2024, reaching £50.6 million annual premium equivalent. The result, slightly down from £51.1m in 2023, was supported by a roughly 30% year-on-year increase in sales of its ow

Scottish Friendly has appointed Schroders as its new investment management partner for a £2.1 billion multi-asset and insurance mandate. The mandate reinforces Schroders’ position as an insurance asset manager and expert in delivering actively managed and tailored investment solutions. I

Financial mutual Scottish Friendly has agreed a deal to acquire pension and annuity in payment books of business from Fidelity International. The acquisition consists of a block of unit-linked Section 32 pensions business comprising £2.16 billion assets under management (AUM) across 76 origina

The volume of new Junior ISA (JISA) policies opened across the UK in the last quarter was up 12% on the previous quarter, according to the quarterly Scottish Friendly Investor Index. The Index, which uses the modern mutual’s own sales data to track trends in investor behaviour, shows the appet

Research amongst 1,500 UK parents with children aged 0-15 years, conducted by 3Gem on behalf of Scottish Friendly, shows six out of 10 (58%) of parents are concerned their child won’t be able to afford to live independently. With over half (55%) worried that the cost of the deposit for a rente

Research conducted by 3Gem on behalf of Scottish Friendly has revealed that parents would prefer family to contribute to their child's financial future rather than buy the latest toy this Christmas. The research, amongst 1,500 parents, conducted last month, shows that just over half of parents (51%)