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Origins of the Scottish Friendly and a Range of Saving Information and Financial Goods that Are on Offer for People Wishing to save

Scottish Friendly in its present form is known as a leading financial institution. This financial services provider can look back on a long history. However it does not owe its sound reputation to past performance only. This mutual society is a efficient provider of financial services for everyone .

The origins of Scottish Friendlystretch back the the 1860’s.

THe Scottish Friendly was founded as the City of Glasgow Friendly Society, theSociety name was altered in 1992.the beginning of the 1990’s at which point theacquiisition of a Scottish-based friendly society called Scottish Friendly Assurance was completed.

Now for more details functions as a major financial services group devoted to the efficient provision of financial serviced and customer satisfaction. It is responsible for over 380,000 policyholders and in December 2006 had assets under its control of over £600 million

Scottish Friendly is one of the UK’s leading friendly societies, offers savings schemes that enable you to utilise your nontaxable allowance and earn a good return on your investment.

It should be noted that the Government permits you to invest a maximum of £25 per month tax-free with a friendly society such as Scottish Friendly, regardless of the fact that you own an Individual Savings Account. http://www.ifaonline.co.uk/ifaonline/news/1337449/scottish-friendly-run-nu-lifetime-wrap?page=ifa2006_articleimport&tempPageName=807076.

A relevant element that should be remembered is that people can save for a rainy day via our Scottish Bond or commence preparing for your child’s future via a Child Bond”.

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