Are there any penalties for closing my Scottish Friendly account?

Asked 6 months ago
There are no penalties for closing your Scottish Friendly account. We understand that circumstances may change, and our aim is to provide flexibility and ease of use for our customers. Whether you are looking to withdraw your funds partially or close the account completely, there are no charges involved. You have the freedom to make decisions that suit your financial needs without incurring any additional costs. However, it is important to note that the value of your investment may vary and could be higher or lower than your original investment amount. We encourage you to review your investment options and consider seeking professional financial advice before making any decisions regarding the closure of your Scottish Friendly account.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

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