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Child Bond

Invest tax-free for your child

The Scottish Friendly Child Bond is a tax-free with-profits plan, which runs for a minimum of 10 years, which you can take out for any child under 16 that you care about. The table below provides the plan detail and things you should consider. For more information on Child Bond please visit the in detail tab.

Invest up to £25 a month tax-free for a child under 16.
i Your Child Bond i Things you should consider
  • Help ensure a child you care about gets off to a good start in life by investing from £10 to £25 a month and using their tax-free savings allowance over 10 years or more.
  • The plan invests in the Scottish Friendly With-Profits Fund which is managed across a range of assets such as the stockmarket, bonds, cash and property.
  • The child gets a guaranteed minimum cash sum at the end of your selected term.
  • The guaranteed minimum cash sum can grow through the addition of regular bonuses.
  • The guaranteed minimum cash sum may be increased by a final bonus which is related to the investment performance of the Scottish Friendly With-Profits Fund.
  • No profits are paid to city shareholders meaning they can be reinvested for the benefit of Scottish Friendly customers.
  • The plan is the property of the child at all times.
  • Tax-free means the fund your plan invests in grows free of income and capital gains tax (other than tax on dividends from UK shares).
  • Tax treatment depends on individual circumstances and tax law may change in future.
  • If the plan is cashed in before the end of its life, the child could get less than you have paid in. If it is cashed in within the first 2 years, the child will get nothing back.
  • The amount of the guaranteed minimum cash sum depends on how much is paid in and the length of the savings period. It will initially be less than the amount invested over the investment term.
  • Future bonus levels depend on investment returns and expenses and how Scottish Friendly decides to distribute profits to customers. As such, they cannot be guaranteed.
  • Available to children currently aged under 16 and who are resident in the UK.

Find out more

 

No advice has been provided by Scottish Friendly in relation to this plan. If you are in any doubt as to whether this 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 www.unbiased.co.uk. Advisers may charge for providing such advice and should confirm any cost beforehand.

Taking out an investment plan with us is straightforward

Thank you for choosing to apply. All you have to do is follow three simple steps:

  1. Before you apply, please ensure that you have read and understood the information provided on the Child Bond.
  2. Then download and carefully read the Key Features and 'How we invest your money' guide.
  3. Finally complete the online application, specifying the date on which you wish payments to start and we'll begin processing the Child Bond immediately.

Apply now

Before you continue, you should ensure you have read and understood the Key Features document. This is our standard client agreement upon which we intend to rely. For your own benefit and protection you should read these terms carefully. If you do not understand any point please ask for further information.

Call us on 0333 323 5433 if you have any further questions about this plan or how to apply for a Child Bond.

Lines are open 8.30am-5.30pm, Monday to Friday.

Scottish Friendly may record and monitor calls.

Taking out an investment plan with us is straightforward

Thank you for choosing to apply. All you have to do is follow five simple steps:

  1. Before you apply, please ensure that you have read and understood the information provided on Child Bond.
  2. Then download and carefully read the Key Features and 'How we invest your money' guide.
  3. Download the Child Bond application form.
  4. Print your completed application form, then sign and date it correctly.
  5. Finally, post your completed application form to:
    Scottish Friendly Assurance, Freepost, Glasgow, G2 4BR.

Download Application Form

Before you continue, you should ensure you have read and understood the Key Features document. This is our standard client agreement upon which we intend to rely. For your own benefit and protection you should read these terms carefully. If you do not understand any point please ask for further information.

Call us on 0333 323 5433 if you have any further questions about this plan or how to apply for a Child Bond.

Lines are open 8.30am-5.30pm, Monday to Friday.

Scottish Friendly may record and monitor calls.

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 Asset Managers Limited: OEIC Managers, ISA Managers. Registered in Scotland No. 187215; Scottish Friendly Insurance Services Limited. Registered in Scotland No. 113007; 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.