Scottish Friendly

The Bank of England has left interest rates unchanged at 3.75%, with policymakers opting for caution as they assess the impact of recent energy market volatility and inflationary pressures. The Monetary Policy Committee voted 7-2 to keep Bank Rate on hold at its June meeting, although two members ba

The amount of money people invest when they first open an Individual Savings Account (ISA) has jumped by 84% in a year, according to proprietary data from Scottish Friendly. The modern mutual’s data shows that opening values have been steadily increasing over the last four quarters, data for Q

  UK adults are building cash savings, but a reluctance to invest means millions may risk missing out on potential long‑term growth, new research from Scottish Friendly has found.

Half of UK adults say risk warnings on financial promotions put them off investing, according to new research from Scottish Friendly, whose chief executive Stephen McGee has backed calls for a more balanced approach to communicating investment risk and long-term opportunity. As part of its latest Fa

Two prominent financial services firms with a strong footprint in Scotland have been recognised in The Sunday Times Best Places to Work 2026. Scottish Friendly and Armstrong Watson were both named in the Best Big Places to Work category following outstanding results in an independent employee engage

UK real gross domestic product (GDP) is estimated to have increased by 0.6% in Quarter 1 (Jan to Mar) 2026, according to the latest figures published by the Office for National Statistics (ONS).

Colleagues from Scottish Friendly’s Change team volunteered their time to support Action for Children’s Renfrewshire Short Breaks Service in Kilbarchan, continuing the society’s commitment to supporting children and families in the local community.

Propelled by a 60% year-on-year surge in Stocks and Shares ISA and Junior ISA sales, Scottish Friendly has posted overall sales of £56.1 million (annual premium equivalent) for the year ending 31 December 2025. The society’s assets under management climbed to £4.4 billion, supporte

Investors are braced for more modest returns over the next five years following a strong run for markets in recent years, new research from Scottish Friendly has revealed. The mutual’s latest Family Finance Tracker shows that three-quarters (75%) of investors expect total returns of less than

Stephen McGee, the chief executive of Scottish Friendly, is steering one of the UK’s oldest mutuals into its most transformative chapter in decades. To say that recent and planned developments are seismic would be to state – or rather understate – the obvious. Under his stewardship

Junior ISA (JISA) openings saw relative growth almost three times higher than ISAs in Q4 2025, according to Scottish Friendly. The modern mutual’s latest customer data shows that quarter on quarter, JISAs saw a 19% increase in new policies being opened. Meanwhile, new openings for ISAs were up

The boards of OneFamily and Scottish Friendly have announced a proposal to merge, a move set to create one of the UK's largest mutuals. Expected to take effect in early 2027 subject to regulatory approval, the unified organisation will oversee nearly £10 billion in assets under management whil

Scottish Friendly has launched a new community hub on its website, bringing together the organisation’s work with partners who share its commitment to helping young people build confidence, develop key skills and access meaningful support. At the heart of the hub is Scottish Friendly’s b

UK households are increasingly being run as joint operations, with couples sharing responsibility for everything from financial decision-making to food shopping and cleaning, according to new research from Scottish Friendly. The mutual’s survey of more than 2,000 UK adults shows a clear shift

UK real gross domestic product (GDP) grew by 0.1% in the three months to November 2025, according to the latest figures published by the Office for National Statistics (ONS).