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.


On Wednesday 8th June 2016, in a debate hosted by Scottish Friendly at the Houses of Parliament, four impassioned Parliamentarians locked horns for 60 minutes over the question of whether a vote to leave on June 23rd would have a positive or negative effect on savings.

Conservative MP Chris Philp, a member of the Treasury Select Committee, lined up with Labour-Co-op MP Gareth Thomas, who is also chair of the Co-op Party, to make the case for Remain. Convinced that Brexit is the correct course Conservative Peer Lord (Howard) Flight and Labour MP Kelvyn Hopkins made their case.

By way of background to the debate, Scottish Friendly’s Marketing Director Neil Lovatt introduces Scottish Friendly, its ethos as well as our latest Disposable Income Index and its accompanying new interactive analysis tool.

The debate is chaired by Julia Rampen, the award-winning Deputy Editor of Mirror Money and a panoply of leading business and personal finance journalists are in the audience.

The debate lasts an hour but of course you can forward and rewind.

No advice has been provided by Scottish Friendly. If you are in any doubt as to whether a savings or investment plan is suitable for you, you should contact a financial adviser for advice. If you do not have a financial adviser, you can get details of local financial advisers by visiting Advisers may charge for providing such advice and should confirm any cost beforehand.