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Fund details
There are a range of funds to invest in, so you can choose the ones that suit your needs best.
Winner of the Best Mutual Insurer for the 6th year running at the CFI.co 2024 awards.
Invest alongside other ISA types up to your annual £20,000 ISA limit.
Stay in control - stop, restart, increase or decrease your monthly payments anytime.
Please note that Scottish Friendly doesn’t offer a Cash ISA. Keep in mind stock market investments can go down as well as up, so you could get back less than you’ve paid in. Tax treatment depends on individual circumstances and tax rules could change in the future.
Your fund investment choices
Get yourself a My Choice (ISA), and:
Your money will be invested in a My Choice investment policy within a Scottish Friendly ISA.
Take your pick from a range of funds with different levels of risk and reward to create your very own investment strategy.
The policy then invests in the fund(s) that you choose.
This information together with the Key Information Documents (KIDs) gives you an overview of each fund including any charges and should be read alongside the Product Guide.
Discover what you might get back
See how your money could grow with a My Choice (ISA) using our handy tool to provide examples.
More Scottish Friendly benefits
My Rewards
After you invest in a new ISA, we'll send you a welcome gift - a My Rewards gift voucher worth up to £45. The table below shows the gift voucher value you would get back based on your chosen regular premium amount when you apply.
Or if you invest a lump sum only you will receive a £25 My Rewards gift voucher.
Read the full welcome gift payment terms and conditions.
My Benefits Card
As a customer of Scottish Friendly when you register for My Plans and choose to go paperless, we’ll reward you with the My Benefits card which gives you access to fantastic savings and offers from thousands of leading retailers.
My Transfers
If you've got an ISA with a different provider, transferring your ISAs to us is straightforward and gives you access to our wide range of funds, giving you more ways to reach your investment goals
And with our friendly pricing, the more you invest the lower your overall charge could be.
Transfer an existing ISA to Scottish Friendly between 7 April and 31 May 2025, and you could receive a My Rewards gift voucher worth up to £500. Gift terms apply.
Find out about our simple process and special offer terms and conditions here.
My Rewards gift voucher value
The more you choose to invest each month, the greater the value of your welcome gift. You can redeem your voucher at numerous retailers throughout the UK including Argos, John Lewis & Partners, and Marks & Spencer.
| My Premium | My Rewards Voucher Value |
| £40+ | £45 voucher |
| £35 - £39.99 | £40 voucher |
| £30 - £34.99 | £35 voucher |
| £25 - £29.99 | £30 voucher |
| £20 - £24.99 | £25 voucher |
Important info before you get started
It takes around ten minutes to apply. You’ll need your bank details and your National Insurance number to hand.
Please make sure you’ve read the Product Guide and Key Information Documents for the fund(s) you wish to select.
Scottish Friendly doesn’t provide advice. The information provided should help you decide if the plan is suitable for you. If you’re not sure whether this plan is suitable, you should contact a financial adviser. Advisers may charge for providing such advice and should confirm any cost beforehand.
To apply for this ISA you need to be 18 or over and a UK resident. For the current tax year the overall maximum you can save across all your ISA types is £20,000. Please remember that this is a medium to long term investment (of at least 5 years, preferably 10). Your investment will grow free from tax, except for any tax we pay on your behalf (such as on dividends from UK shares). Tax treatment will depend on your own circumstances and may be subject to change in the future. Investments can go down as well as up and you may get back less than you’ve paid in.
Why invest with Scottish Friendly?
We've been helping families for over 160 years
Our contact centre is based in the UK
With no shareholders we work hard for you
Trusted by 838,000 investors and looking after assets worth £4.6 billion, as of 25th April 2024
My Plans app
Take control of your Scottish Friendly ISA and Junior ISA investments wherever you are with the My Plans App. It offers a secure and easy way to manage your accounts, check your investments, and make changes on the go.
On your mobile or tablet, open the camera and point your device at the QR code. A link will pop up, tap this, and you’ll be taken straight to download the app.
