Scottish Friendly

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%)

New research has revealed that 44% of people with at least one child under six years old have increased their saving in the past two years. However, according to Scottish Friendly, the number reduces as the age of the child increases.

Almost a third (31%) of Scots are putting away more money now than they were two years ago, according to Scottish Friendly. The Family Finance Tracker, conducted by the Centre for Economics and Business Research (Cebr) on behalf of Scottish Friendly, provides a comprehensive examination of the savin

Staff at Scottish Friendly in Glasgow have taken part in the 'Boycott Your Bed' challenge to raise funds for Action for Children.

Scottish Friendly’s Family Finance Tracker has revealed that nearly half (46%) of women are opting to hold their long-term savings in a savings account, instead of more tax-friendly options such as a pension or ISA wrappers, compared to 39% of men. Meanwhile, 33% of men are opting to use pensi

Over a third (36%) of UK adults would set up a Junior ISA (JISA) on behalf of their grandchild, nephew, or niece if JISA rules were relaxed, Scottish Friendly has revealed. According to findings from Scottish Friendly’s Family Finance Tracker, as rules currently stand, JISA rules prohibit anyo

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.