Scottish Friendly

Scottish savers have opened more Junior ISAs (JISAs) than the rest of the UK in the last five years, according to Scottish Friendly’s latest Investor Index.

Following on from the highest sales achieved in its 162-year history, Scottish Friendly has announced the appointment of a new chair as well as two new non-executive directors. John McGuigan, with over 25 years of executive experience, steps in as the financial mutual's new chair.

Scottish Friendly has posted record sales of £51.1 million for 2023, up from £47.7m in 2022. The increase was achieved despite facing significant market and economic challenges, and represents the highest new business sales figures in the financial mutual's 162-year history.

Financial mutual Scottish Friendly has added a guarantee at the maturity date of its Junior ISA (JISA) policy for with-profits investors, to help more UK families invest for their children’s future with some peace of mind. The JISA guarantee offers a minimum amount to be paid on maturity of th

Scottish Friendly has announced a strategic partnership with FinTech Scotland, highlighting the growing significance of further developing and improving fintech innovation across all financial services sectors, including life, savings, and investments. By joining forces with FinTech Scotland, Scotti

In a recent fundraising drive, Scottish Friendly employees participated in the Three Peaks Challenge and Boycott Your Bed, collectively raising £25,901 for Action for Children. Additional festive activities, including a Bake Sale and Christmas Jumper Day, were organised, alongside the donation

Scottish Friendly’s latest Investor Index has shown that planning for future generations has been the greater priority for parents and guardians in Scotland. The leading financial mutual’s study of its members’ investment trends, revealed that between October to December last year,

The amount invested into new stocks and shares ISA policies in Scotland has increased for the third consecutive quarter, according to new data from Scottish Friendly. New ISA policy contributions increased 16% between Q1 and Q2 of this year followed by a 2% increase in the three months to September.

Financial mutual Scottish Friendly has appointed John McGuigan onto the board as a non-executive director. Mr McGuigan has over 25 years’ experience operating at senior executive levels across a number of sectors. A customer director, he draws on a profound understanding of the changing needs

UK retail sales dropped by 0.9% in September following a rise of 0.4% in August, according to the latest figures published by the Office for National Statistics (ONS).

A study of 1,000 parents has revealed that seven in ten (70%) have never switched their children’s savings into an account paying a higher rate of interest.

Scots ramped up their investment contributions in the three months to June despite opening fewer ISA policies, according to new data from financial mutual Scottish Friendly. The value of new stocks and shares ISA savings jumped 16% in Q2 compared with the previous quarter, despite a 16% drop in the

In a charity fundraising effort, a team from Scottish Friendly has triumphed in the National Three Peaks Challenge, which involved conquering the highest mountains in Scotland, England, and Wales in under twenty-four hours. The team, including Alan Rankine, Brian Tonner, Colin Sergeant, Jason Arnste

New data from financial mutual Scottish Friendly has revealed the number of newly opened stocks and shares ISA policies dipped -7% in Q1 2023 compared with Q4 2022. Meanwhile, the value of those new policies also dipped -6% over the same period.

Financial mutual Scottish Friendly has reported record sales of £47.7 million APE for 2022. Total sales increased from £46.9m in 2021 to £47.7m in 2022. Although sales of Scottish Friendly’s own-brand investment ISAs decreased by 22% to £14.3m, protection sales increase