|
Scottish Friendly Savings Bond |
|
|
|
Scottish Friendly Savings Bond |
|
|
|
Scottish Friendly Savings Bond
-
|
Scottish Friendly Bond & Child Bond
Scottish Friendly, one of the UK's leading friendly
societies, provides
savings plans that allow you to make the most of your
tax-free allowance.
The Government lets you invest up to £25 a month
tax-free with a friendly
society, even if you already have an ISA. You can save
for a rainy day via
our Scottish Bond or start building for your child's
future through our
Child Bond. Simply click here for more
information on Scottish Friendly
tax-free savings plans.
Scottish Friendly has roots stretching back to 1862 and
today operates as a
financial services group dedicated to the efficient
provision of a wide
range of financial products and services. As a mutual
organisation, we have
no shareholders, so profits are distributed among our
with profits
policyholders in the form of bonuses.
Scottish Friendly Child Bond:
What does the Child Bond offer?
Children grow so quickly, which means it's important to
start thinking about
their future when they're young. By saving from just £10
to £25 a month with
Scottish Friendly's Child Bond now, you could make all
the difference when
they're older. For instance, helping to pay for
university fees or for the
deposit on a first home.
The Child Bond isn't just for parents to invest in.
Whether you're a
grandparent or an aunty, you can take out a Child Bond
for any child you
care about.
Scottish Friendly Bond:
The Scottish Bond is a
great way to make the most of your tax-free
allowance. The Government lets you invest up to £25 a
month tax free with a friendly society. You can use this
tax-free savings allowance even if you already have an
ISA. If you don't use it, you simply lose it.
The Scottish Bond is a 10-year investment for anyone
aged between 16 and 64. Just set aside an affordable
amount each month so that you could have a sizeable lump
sum to look forward to. Just imagine, it could help pay
for a car or the holiday of a lifetime. However, if you
cash in early you may not get back as much as you have
paid in.
When you invest with the Scottish Bond, you're saving
tax-free in two ways.
First, unlike most
investments and savings accounts, your money grows free
of capital gains and income tax. However, the fund
cannot claim back tax from dividend income it receives
from investments in shares in UK companies.
Second, you don't pay tax
on the payout when your Bond matures.
Your money is invested in the Scottish Friendly With
Profits Fund, which invests for long term growth, as
well as a degree of security, in the stock market,
Government and company bonds and cash.
|
