Prosperity
Tax-paid now – no taxes to pay later
With Scottish Friendly's Prosperity Plan you can invest for either 10 or 15 years. It’s a tax-paid investment that aims to help you to develop a regular investment habit. The table below provides all the plan detail and things you should consider. For more information on Term Assurance please visit the in detail tab.

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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.
Tax-paid now – no taxes to pay later
Prosperity is for UK residents, aged between 18 and 55. It’s a tax-paid investment plan for 10 or 15 years. You make regular payments into Prosperity and we deduct the tax from the growth of your money.

So you won’t have to pay tax when you cash in Prosperity after 10 or 15 years – even if you’re a higher rate taxpayer. Please note that tax treatment depends on your individual circumstances and tax regulation is subject to future change.
Develop a regular investment habit from £15 per month
You can put away between £15 and £100 per month in your Prosperity.
Putting money aside could quickly become a habit. When you set up paying into your Prosperity by Direct Debit, you may hardly notice the payment.
Please remember, if you stop your Prosperity within the first 2 years, you get nothing back. After the first 2 years, the payout may be lower than what you’ve paid in.
Growth potential on your investment
What’s special about Prosperity is the guaranteed minimum cash sum you receive after 10 or 15 years. It can grow during these years. At first, the sum will be less than the money you’ve paid in. But it can increase through the addition of bonuses.
For this purpose, your Prosperity money is invested in the Scottish Friendly With-Profits Fund. We carefully manage the fund, aiming for long-term growth and a degree of security in the form of a guaranteed minimum cash sum after 10 to 15 years. Please go to 'How we invest your money' to see how we look after your investment.
The guaranteed minimum cash sum will depend on your age and how much you pay each month. At first, it will be less than the money you’ve paid in. But it’s designed to increase through the addition of bonuses.
The main long-term growth potential comes from the addition of regular bonuses and a potential final bonus. Their value is based on the profit we make, our investment returns and the way in which we distribute these to our customers. The bonuses are not guaranteed.
With Prosperity you also get life insurance. This ensures that on death your estate will receive at least your guaranteed minimum cash sum plus any locked in bonuses. The level of cover depends on your age and payments into your Prosperity. You should consider if this is appropriate for your financial needs.
How your investment could build
Projected returns on £50 per month invested over 10 years and 15 years*

Projected returns for illustration only. Remember your original investment is not guaranteed and you could get back less or more than the amounts shown.
Source: Scottish Friendly. Based on someone aged 40 next birthday at outset investing £50 per month *Total amount invested over 10 years is £6,000 and over 15 years £9,000. The annual rates of growth have been based on our reasonable estimate of potential returns and are lower than the maximum allowable investment growth assumptions.
All the figures include the deduction of the actual charges assumed on the plan. These figures are only examples and the projected benefits are not guaranteed. They are based on premiums being paid for the full life of the plan. They are not maximum or minimum amounts; what you get back depends on how your investments grow. You could get back more or less than this. Do not forget inflation would reduce what you could buy in the future with the amounts shown. (For more details on the effect of charges on your plan, please see the Key Features).
Get Prosperity
Starting Prosperity with Scottish Friendly is easy.
Make sure you have read and understood the Key Features and ‘How we Invest Your Money’ before you apply. Then you’re ready to:
- Apply online;
- Or download an application form and post it to:
Scottish Friendly Assurance, FREEPOST, Glasgow G2 4BR.
If you apply, we suggest printing or saving a copy of this page, other relevant pages, the Key Features and 'How We Invest Your Money' guide.



