Established in 1862 as the City of Glasgow Friendly Society, we adopted the name Scottish Friendly Assurance in 1992. This was following the transfer of business from a Scottish-based mutual.
Today Scottish Friendly operates as a financial services group committed to the efficient offering of a wide range of financial products and services. We are based in Glasgow and our staff is dedicated to providing the best in customer service.
In 2006 Scottish Friendly launched a wrap administration business through its Scottish Friendly Insurance Services subsidiary. The success of this business was recognised when the global financial services organisation, Citi, bought the business in December 2011 for a premium value that ultimately created benefits for Scottish Friendly members. Another significant milestone in Scottish Friendly’s history was reached on 1st June 2015 when we took over the business of Marine and General Mutual.
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. We’re dedicated to the efficient provision of financial products and services. We’re looking after assets worth more than £2.6 billion and have over 490,000 members (as at 31/12/15). Our past performance is not a guide to the future.
What services does Scottish Friendly offer?
Scottish Friendly as a group consists 3 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. Find out more about our current range of tax-exempt savings plans.
Scottish Friendly Asset Management Limited
Offers a range of investment products including ISAs, Junior ISA and OEICs, providing access to expert fund managers. Find out more about our range of ISAs and Junior ISAs.
Scottish Friendly Insurance Services Limited
Provides back office support to other financial service organisations, as well as supplying bespoke insurance products distributed through other providers.