Doing things the right way, since 1835.
A truly ethical organisation
We don’t just try to be ethical in the ways we invest – we also make sure we do things the right way in all aspects of our business.
When you invest in our With-profits Fund you can be sure that your money will never be invested directly in companies involved in the alcohol, arms or tobacco industries and gambling and pornography providers. It’s the same ethical commitment today that we’ve had since we were formed way back in 1835.
Child Trust Funds
You wouldn’t want your children's money to support the alcohol, arms or tobacco industries, or gambling and pornography providers – so we’re particularly careful to make sure that our ethical Child Trust Fund never invests directly in any of them.
We want to do things the right way – and we encourage others to do the same. That’s why we carefully monitor how our fund managers, Investec, use their votes at the AGMs of companies we’ve invested in – and ask them to vote against all issues of poor governance, over compensation and environmental waste.
A Mutual Society
Putting you first
Our mutuality means that we’re run for the benefit of our members – and that profits stay within the organisation for the benefit of all, rather than leaving and going into the pockets of shareholders. To find out more about mutuality – its history and its benefits – head to the Association of Financial Mutuals (AFM) website
Tax Exempt Savings
Only friendly societies like ours are able to offer Friendly Society Tax Exempt Savings Plans – you won’t find them anywhere else.
Clients and their family can save up to £25 per month and enjoy the proceeds – without paying a penny of income or capital gains tax.