We use Cookies to give the best possible experience on our website. By using our website you agree to our use of cookies. You can find out more in our Privacy Policy.
We’re proud to be one of the largest mutual life offices in the UK - and one that's been around for over 150 years.
Established in 1862 as the City of Glasgow Friendly Society, the name Scottish Friendly Assurance was adopted in 1992. This followed the transfer of business from a Scottish-based mutual.
Today Scottish Friendly operates as a financial services group offering a wide range of financial products and services. We're based in Glasgow and our staff and management team are dedicated to providing the best in customer service.
We’re looking after assets worth more than £2.8 billion and have over 594,000 members (as at 31/12/18)
Scottish Friendly as a group consists of three main subsidiaries. Each offers a distinct range of products and services. These include:
Scottish Friendly Assurance Society Limited
Marketing and maintaining a range of life, savings and investment products.
Scottish Friendly Asset Managers Limited
Offers a range of investment products including ISAs, Junior ISA and OEICs, providing access to expert fund managers.
Scottish Friendly Insurance Services Limited
Provides back office support and bespoke insurance products to other financial service organisations.
As one of the largest mutual societies in the UK, we're proud of our achievements over the years. Here are just some of our milestone events and awards.
2019 - We won ‘Best Mutual Insurer’ at the CFI.co 2019 awards
2018 - We celebrated our 20th anniversary of the Scottish Friendly Book Tour
2017 - Our new mobile app launched ensuring our customers can manage their My Plans investments whenever and wherever they are
2015 - We completed the transfer of business from Marine & General Mutual. Assets under management more than double to over £2.5 billion
2013 - Our new Junior ISA product launched
2013 - Scottish Friendly won the Financial Services Company of the Year Award at the Scottish Business Awards
2012 - Our My Plans online tool launched along with our new range of ISA products
2012 - We celebrated our 150-year anniversary
2012 - Transfer of business from Royal Standard Friendly Society was completed
2011 - We launched our new website and a range of Flexible Plans
2010 - Scottish Friendly wins the Arts & Business Scotland Award 'Young People Award' for our sponsorship of 'Meet Our Authors'
2010 - The Scottish Book Trust 'Meet Our Authors' programme launched with a live broadcast on World Book Day
2009 - The Scottish Friendly Children's Book tour expands to England
2008- Our Chief Executive, Fiona McBain wins Business Leader Of The Year at the Glasgow Business Awards
2008 - Scottish Friendly wins Best Practice in Insurance Administration award from Cedent
2008 - Transfer of business was completed from London Aberdeen & Northern Mutual Assurance
2007 - Scottish Friendly begins the first of a highly successful string of business partnerships that will include Royal London, Phoenix, Smart Insurance and Golden Charter
2007 - We won the Orange Best Use of Technology in Business Award at the National Business Awards for Scotland
2007 - Scottish Friendly takes over Scottish Legal Life, our biggest takeover to date
2007 - Pioneer Friendly Society endowment business was transferred to Scottish Friendly
2006 - Preston Operative business transfers to Scottish Friendly
2006 - Scottish Friendly begins wrap administration service to Nucleus Financial
2005 - Rational Shelley business transfers to Scottish Friendly
2005 - Scottish Friendly introduces Child Trust Fund
2004 - Scottish Friendly, in line with industry trends, closes down its direct sales force. Major restructuring of business
1999 - Scottish Friendly introduces stocks and shares Individual Savings Account (ISA)
1998 - Scottish Friendly begins sponsorship of children’s literacy project in conjunction with Scottish Book Trust
1997 - Scottish Friendly website launched
1992 - Prior to commencing UK-wide marketing campaigns, City of Glasgow Friendly Society becomes Scottish Friendly Assurance, following takeover of business of a small friendly society
1992 - New Friendly Societies Act comes into force allowing incorporated friendly societies to broaden the range of investments they can market
1987 - Introduction of the Financial Services Act – period of significant change for financial organisations
1962 - Scottish Friendly begins to accept payments by cheque, paving the way for Direct Debit payments
1962 - We celebrated our 100-year anniversary
1948 - Introduction of National Health Service sees decline in business for many friendly societies
1914 - Outbreak of First World War – City of Glasgow Friendly Society provides financial support to its members fighting in the fields
1862 - City of Glasgow Friendly Society was founded by John Stewart
Read our latest news and press release or contact our PR team.
This year we are celebrating 20 years of supporting the Scottish Book Trust to promote literacy across the UK.
If you’re thinking about taking the next step in your career, then Scottish Friendly could be the place for you.
You can manage your Scottish Friendly products securely online with My Plans. If you need some help, or you're not sure where to start, we've got FAQs and tutorials to get you going.
Need help?
