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News and press

Welcome to Scottish Friendly's news centre. We hope you'll find the resources here useful.

Press releases

Read our latest press releases for 2020 and news from previous years.

The return of wage squeeze Britain: more than 9.8 million workers expect to miss out on a pay rise in 2020


More than 9.8 million UK workers are expecting their wages to stagnate this year as signs of a fresh squeeze on household finances begin to emerge, new figures from Scottish Friendly reveal.

Scottish Friendly completed successful acquisition of substantial life and pensions book from Canada Life


Scottish Friendly, one of the UK’s leading financial mutuals, today announces the completion of a substantial acquisition of life and pensions policies from financial services provider Canada Life. The deal sees assets under management increase by £2.4bn to over £5bn, while the number of members increase by 127,000 to around 700,000.

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