Shepherds Friendly

Help your savings go further with Shepherds Friendly

• Combine with your Help to Buy ISA or Cash ISA
• Help your money go further by shielding savings from capital gains and income tax
• More potential for growth with a stocks and shares ISA
• Great user experience ratings
• Always speak to a real person with customer service team

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Capital at risk

Shepherds Friendly Society is one of the oldest financial mutual societies in the world. Since their creation nearly 200 years ago, Shepherds Friendly have grown to offer a range of adult and children’s savings products, income protection plans and life insurance for over 50s, all of which are designed to help you look after your family financially and plan for your own future.

What does Shepherds Friendly do?

Shepherds Friendly’s aim is to provide the best products and services available. Due to it being a mutual it aims to be unbiased and provide the upmost value in the interests of each member.

What are the benefits of Shepherds Friendly?

• As a member you will have a say on how the society is run, including voting
• Free access to a carefully selected range of invaluable services designed to provide you with dedicated help and support in key financial areas
• Simple products that don’t use jargon
• No shareholders so all the profits go straight back to you

How can I invest?

• Stocks and Shares ISA

  Set up a trading account that offers you generous tax benefits on investments up to £20,000 which is invested into the managed fund

  • Ignores capital gains and income tax
  • Invest in a range of assets
  • Flexible savings, you can increase, decrease or cancel payments whenever you want
  • You can open the ISA from £30 a month or an initial lump sum of a minimum of £500
  • Have payed an annual bonus each year since they’ve launched (not guaranteed)

• Junior ISA

  The Junior ISA is built around simplicity for you, and aiming to increase the value of the money invested for your child through the addition of annual bonuses.

  • Easy to use with 24/7 access online or through mobile app
  • Have payed an annual bonus each year since they’ve launched (not guaranteed)
  • Easy to start if you are the guardian
  • Flexible payments all throughout the term of the plan
  • At 18 your child can choose to continue saving in an adult ISA or take out the money.

• Bonus Plan

  Your money will be placed in a tax-efficient account, meaning it will not attract income tax or capital gains tax throughout the term of your investment.

  • Invested into the With-Profits Fund
  • Smooth bonus rates are applied
  • Tax breaks over and above the ISA limit
  • Provides life cover for duration of the plan

• Young Saver Plan

  The Young Saver Plan is available to anyone, whether you are a parent, grandparent, other family member or friend and helps to create a nest egg for a child

  • Start savings form only £7.50 a month
  • Not only parents can open the plan
  • Tax-free sickness benefits
  • Review and amend your payments and premiums throughout the plan
  • Option to take 25% for your child at 11

• Junior Money Maker

  Junior Money Maker is a long term savings plan of ten years or more that could help create a brighter future for your child, whatever their dreams maybe – an apprenticeship, travelling the world or starting university.

  • Can choose for the child to recieve the payment in a tax-free lump sum or regular payments depending on the purchase.
  • Shepherds Friendly will continue to make the regular lump payments if the premium payer dies until the plan matures.
  • Available to any child under 11 living in the UK
  • Anyone can open the plan

How safe is my investment?

Shepherds Friendly received a 5 star from Defaqto who are an independent financial information business, focused on helping financial institutions and consumers make better informed decisions. Additionally, they received the Money age award this year outlining that they are safe and responsible with their member money.