What are the fees associated with Scottish Friendly accounts?

There are no fees associated with opening or maintaining a Scottish Friendly account. Scottish Friendly is committed to providing affordable and accessible financial products to its customers. They believe in keeping costs as low as possible, allowing customers to maximize savings and investments. This means there are no account opening charges, annual fees, or fees for making additional contributions. However, it is important to note that investment funds may have their own charges, known as ongoing charges. These charges cover fund management costs and are deducted from the value of the investment. Overall, Scottish Friendly strives to offer transparent and cost-effective investment solutions, helping customers achieve their financial goals without being burdened by unnecessary fees.