Scottish Friendly

Is Scottish Friendly’s 10 year ISA a worth while investment please

Comments

  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    edited 17 September 2020 at 1:58PM
    No. Their annual fees at 1.5%+ are between 1.5x and 3x what you would typically pay for an investment fund-based ISA with other mainstream S&S investment platforms. 

    The only attraction is that if you are only able to invest a tenner a month, SF will take your business while others would tell you to come back when you have £25 a month or £100 lump sum. However, if you're only investing a tenner a month, a little over £100 a year is not going to give you a massive pot of gold at the end of a decade.
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