Case study - William Neville

Researching the options can only result in Scottish Friendly

Research manager William Neville is used to finding the facts and deducing the right move. He definitely proved his abilities by choosing a Scottish Bond from Scottish Friendly.

Mr Neville confessed that he hadn't heard of a personal tax-free* allowance, and didn't know that everyone in the UK can save up to £25 a month. He was very surprised to find that the payout on maturity is also tax-free.

Mr Neville started investing £25 a month into his 10 year Scottish Bond and he commented, "It is a very easy way to build a substantial nest egg without even noticing you are saving - it sounded like a good idea".

When asked why he chose Scottish Friendly Mr Neville replied "because it was a relatively safe investment. I had heard a lot about Scottish Friendly and it was all praise so I decided to look into it myself."

Once Mr Neville started to look into investing in a Scottish Bond with Scottish Friendly the advantages became very clear. Because Scottish Friendly is a mutual organisation, there are no shareholders to take a cut - all the profits go to the policyholders. The Scottish Bond offers a tried and tested way of building savings and the payout is made up of two parts. Firstly there is a guaranteed sum assured. Secondly, annual bonuses and a terminal bonus may be added. And once they've been added, bonuses cannot be taken away.

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

IMPORTANT INFORMATION

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