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Who we are

We work hard for you

At Scottish Friendly, you’ll find people who are enthusiastic about saving and investing, professional when it comes to investing your money and helpful in the service we give you.

We’re a friendly society, offering you investments as well as insurance products and services.

When you start putting money away in a Scottish Friendly investment plan or you buy our life or term cover, you automatically become a member (or owner) of the friendly society.

As a friendly society we don’t have shareholders. That’s good for you. Why? Simply, because we don’t have to pay shareholders dividends. All the profit we make is used for your benefit.

150 years of experience

Scottish Friendly - 150 years of experience.

We were established in 1862 as the City of Glasgow Friendly Society. In 1992, following the transfer of business from a Scottish-based friendly society, we adopted the name Scottish Friendly Assurance. Today Scottish Friendly operates as a financial services group dedicated to the efficient provision of a wide range of financial products and services. We are based in Glasgow and our staff is dedicated to providing the best in customer service.In 2006 Scottish Friendly launched a wrap administration business through its Scottish Friendly Insurance Services subsidiary. The success of this business was recognised when the global financial services organisation, Citi, bought the business in December 2011 for a premium value that will ultimately create benefits for Scottish Friendly members. Scottish Friendly continues to supply some of the wrappers for the Nucleus Financial Group.

You get more

With Scottish Friendly you’re not alone. We’re looking after assets worth more than £800 million (as at 31/12/10) and have over a million policyholders.

In addition to the friendly society benefits, we give you more. With Scottish Friendly you get access to fund managers who are experts in their field.

We also provide an efficient service. That’s also friendly for your purse, because it saves you money. For example, when you take out one of the Scottish Friendly life insurance policies you’ll find we have some of the lowest costs of administering polices in the industry.

Scottish Friendly prides itself on maintaining some of the lowest renewal costs of life companies in the UK. We aim to deliver value to members, investors and corporate partners through a combination of tax efficiency, mutuality, administration service delivery and efficient management.

What we provide

Scottish Friendly Asset Management Limited markets OEIC, ISA and Junior ISA products.

Scottish Friendly Insurance Services Limited offers back office support services for financial services organisations.Scottish Friendly Trustee Company Limited provides trustee services.

Read more about Scottish Friendly, a mutual society.

The Scottish Friendly Marketing Group is authorised and regulated by the Financial Services Authority, the financial regulator for the United Kingdom, and consists of the following companies: Scottish Friendly Assurance Society Limited: Life, Pensions, Savings and Investments. Member of ABI and AFM; Scottish Friendly Insurance Services Limited: Provider of Wrap Administration Services. Registered in Scotland No. 113007; Scottish Friendly Asset Managers Limited: OEIC Managers, ISA Managers. Registered in Scotland No. 187215; SFIS (Nominees) Limited. Registered in Scotland No 397351; Scottish Friendly Trustee Company Limited. Registered in Scotland No 312652. Head office: Scottish Friendly House, 16 Blythswood Square, Glasgow G2 4HJ.