Case study - Vikki Simpson

Mrs Vikki Simpson, from Sheffield, decided after the birth of her son that he deserved a comfortable passage into adulthood when he turned 18, so she immediately took out a Child Bond with Scottish Friendly.
	Vikki Simpson and family

On the arrival of Cameron, Vikki's son, she took out a child bond set to mature when he is 18. She also took out a ten year Child Bond for her stepson Jonathon, set to mature when he turns 23. Vikki was so convinced by the value and service from Scottish Friendly that she is about to take out a Scottish Bond for herself.
Scottish Friendly offers several methods to save the tax-free* allowance that everyone has at their disposal. You can save up to £25 a month per person in a Scottish Friendly Child Bond or Scottish Bond. Not only are your savings tax-free but so are your returns and the payout at maturity too.

Vikki doesn't mind what the boys spend the money on but knows it will be a good start in life either to go towards university, a car or maybe even a flat.

Vikki, said; "I like the idea of saving for a fixed term. It means I can plan my finances, both for my outgoings and incomings because I know when the plan is going to mature. I am thinking about taking out a Scottish Bond every ten years so I know that I will receive a little windfall every ten years, when each investment matures. This would be really helpful and could go towards whatever we want: a nice holiday, home improvements, a new car or on education for the boys. The security that comes from knowing that that money will be coming in is fantastic."

Vikki continues: "Scottish Friendly stood out from the crowd as the company we wanted to invest with. I read through everyone's information and Scottish Friendly seemed excellent, when I heard really good things about them as well it made up my mind and I am glad I went with them."

Further details on Scottish Friendly products can be obtained by contacting the company on local rate 08456 00 54 33 or on this website.

IMPORTANT INFORMATION

* Tax free means free of Income and Capital Gains tax. On maturity, proceeds are free of tax.
Based on Scottish Friendly's understanding of current taxation, which may change.