Taking a look at the market today there are many ISA providers—but why choose Scottish Friendly? Take a look at some of the points below on why you may want to consider Scottish Friendly as your ISA or Junior ISA provider.

1. We’re a mutual society

Scottish Friendly is a mutual society. This means that we don’t have shareholders. All our profits are used to benefit our policyholders.


2. Access to a range of funds

Our Investment ISA and Junior ISA (JISA) are different to Cash ISAs. They offer a selection of funds that invest in a range of assets such as the stock market, property and government and company bonds. This gives your money access to more than just cash, which could offer greater growth potential.

You should consider this a medium to long-term investment for at least five years. Remember that the value of investments can go down as well as up and you could get back less than you have paid in. Tax treatment depends on individual circumstances, which could change in the future.


3. You can start your investment from as little as £10 a month

At Scottish Friendly, we strive to make investing available to everyone and not just investors with large sums of money. That’s why our ISA and JISA let you start from just £10 each month, or lump sums from £100. If you have an investment goal for the future maybe a new car, a dream family holiday or maybe just a nice sum for the unexpected, it’s an affordable way to start putting money away.


4. Our ISA or JISA have a special feature

We understand most people have more than one financial goal. That’s why we’ve designed our ISA and JISA with a special feature. Within your ISA or JISA, you can create separate policies and name them as you wish so you can keep track of your investment goals. Once set up, our JISA also lets family members add their policy and name them for the child to see when they reach 18, for example, ‘From Gran and Granddad’.


5. Flexibility is built in

You’re not tied to the payments you start out with in our ISA and JISA, Should you need to you can stop, restart and change the amount that you pay anytime you like. Although, if you take a break from your payments, you may find it takes longer to reach your saving and investment goals.


6. Keep track and manage your investments online

My Plans’ is our online service that lets you control your ISA or JISA. If you want to change your payment amount, the fund you’re investing in, add a lump or simply just log on and have a look at your plans. This can all be done with a few clicks of the mouse and at any time.


7. Don’t just take our word for it

We’ve been in the news quite a bit recently – why not read more about Scottish Friendly at the links below.

Find out more about our Investment ISA and Junior ISA 

If you choose to take out an Investment ISA we’ll send you a £25 My Rewards card to spend at over 70 UK retailers such as Amazon, M&S, Next and John Lewis.

No advice has been provided by Scottish Friendly.

The information provided in this article was accurate at the time of publishing and should be read in the context of the date it was published. Views in this article are those of the author alone and do not necessarily represent the view of Scottish Friendly.


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