Scottish Friendly review
Updated October 13, 2026 · VaultCue Editorial Team
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Our verdict
For parents and family planners wanting market based saving, Scottish Friendly offers Stocks and Shares ISAs, Junior ISAs and Over 50s life cover as a UK mutual. It has guided families since 1862 with tools that help choose between investing for yourself or for a child.
Key facts
- Best for
- Families investing for themselves or for children
- Minimum deposit
- £100↗
- Access terms
- Stop, restart, increase or decrease payments anytime↗
- Account kind
- ISA↗
- Legal entity
- Scottish Friendly Assurance Society Limited↗
- Headquarters
- United Kingdom↗
- Founded
- 1862↗
- Support channels
- Phone, Help-centre, Community↗
- Official website
- scottishfriendly.co.uk
Facts checked September 29, 2026, 5 sources
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- LinkedInXfacebook.comyoutube.com
Pros and cons
Pros
- Offers Stocks and Shares ISAs alongside Junior ISAs for children
- Includes Over 50s life cover aimed at supporting loved ones
- Provides online platform plus mobile app for managing plans
- Operates as UK mutual guiding families since 1862
Cons
- Invested sums face market movement with chance of receiving less back
- Range focuses on ISAs, Junior ISAs and life cover alone
Ready to try Scottish Friendly?
Who it suits
- Adults choosing market based ISA options
- People over 50 arranging family protection
Who should look elsewhere
- People seeking cash saving without market risk
Who runs it
Scottish Friendly is a UK mutual that has helped families since 1862. It now supports a community of over 854,000 members. The business runs Stocks and Shares ISAs for personal goals and Stocks and Shares Junior ISAs that invest for children. It also runs Over 50s life insurance intended to care for loved ones later in life. Plan holders use My Plans online platform and mobile app to view and manage investments. The brand frames its approach as friendly guidance for family futures at each life stage.
How Scottish Friendly compares
Where Scottish Friendly is available
- Available
- United Kingdom
Countries from the brand (Source, checked September 29, 2026)
Frequently asked questions
What does Scottish Friendly offer?+
Scottish Friendly provides Stocks and Shares ISAs for personal investing and Stocks and Shares Junior ISAs for children. It also provides Over 50s life insurance designed to support loved ones later in life. Each option is framed around family goals, with tools to help choose between investing for yourself or for a child.
Which company is behind Scottish Friendly?+
The business behind the brand is Scottish Friendly, a UK mutual focused on family futures. It runs personal ISAs, Junior ISAs for children and Over 50s life cover. Customers manage plans through My Plans online access and a mobile app built for everyday oversight.
What should investors understand about risk?+
Market linked plans can move unevenly, so returned sums may end below contributions. How tax applies reflects personal circumstances, while official rules can shift over time. Junior holdings carry the same variability and remain the property of the child until eighteen.
What is the minimum deposit at Scottish Friendly?+
The minimum deposit at Scottish Friendly is £100. (Source, checked September 29, 2026)
Where is Scottish Friendly based?+
Scottish Friendly is based in United Kingdom. (Source, checked September 28, 2026)
When was Scottish Friendly founded?+
Scottish Friendly was founded in 1862. (Source, checked September 28, 2026)
How can I contact Scottish Friendly support?+
Scottish Friendly offers support through Phone, Help-centre, Community. (Source, checked September 29, 2026)
Sources
- scottishfriendly.co.uk/contact-us checked September 29, 2026
Backs: Support channels
“you may find the information you require in our support hub. Alternatively, you can call”
- scottishfriendly.co.uk/isas/my-easy-choice-isa checked September 29, 2026
Backs: Access terms, Account kind, Minimum deposit
“Stay in control - stop, restart, increase or decrease your monthly payments anytime.”
- scottishfriendly.co.uk/about-us checked September 28, 2026
Backs: Founded
“We've been around since 1862, when we started as the City of Glasgow Friendly Society”
- scottishfriendly.co.uk/website-terms-conditions checked September 28, 2026
Backs: Legal entity
“This website is operated by Scottish Friendly Assurance Society Limited”
- scottishfriendly.co.uk/who-regulates-us checked September 28, 2026
Backs: Headquarters
“Registered office ... Glasgow”
Compiled from 5 source pages, checked October 18, 2026. We did not open an account.
Not confirmed yet: Headline rate, Rate type, Term, Deposit protection.
Related by the facts
Scottish Friendly
Families investing for themselves or for children