Saving with a mutual society like us can offer both you and the child a range of benefits
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The University Savings Plan is closed to new applications. We do have a range of children’s savings plans available to parents and extended family which you can view online. Our Junior Money Maker offers all of the same great benefits as the University Savings Plan, including more control over when your child has access to their money, benefits for you if your child is off school for more than four weeks due to sickness, and our commitment to maintaining all premiums into the plan if the premium payer dies during its term and is aged under 50 at the start of the plan.
If you have a University Savings Plan and would like more information about the plan, then you can either view our FAQ’s or you can contact our customer services team on 0161 428 1212 or by email at [email protected]
Once you open and start saving into the University Savings Plan for the child, they automatically become a member of the Society, and will start to experience a range of benefits only available at a mutual.
At the Shepherds Friendly Society we run solely in the interests of our members. We are not listed on the stock market, nor are we owned externally. Because of this we don’t have any shareholders to pay dividends to, and this means that more of the profits that we generate can be used to add value to the child’s investment, and also to help maintain the high standards of products and services that we offer to our members.
Our mission is to uphold the Society’s core values of trust, mutual benefit and ownership.
We look to provide all of our members with clear and simple, value for money financial solutions to meet the needs of you and your family. You will enjoy excellent personal customer service designed to provide you with helpful advice and guidance every step of the way.
We ensure that the money you invest in into the University Savings Plan is treated in a responsible and sensible manner and gives you as good as possible a return on your investment.
View the Shepherds Friendly mutuality video
When you open a University Savings Plan for your child and become a member of Shepherds Friendly you will also enjoy free access to a carefully selected range of invaluable services designed to provide you with dedicated help and support in key financial areas.
Apply for a Shepherds Friendly plan online and get a Love2Shop voucher code worth up to £50* once you’ve made your sixth payment into the plan
Apply for a Shepherds Friendly plan online and get a Love2Shop voucher code worth up to £30*
You can redeem this online with hundreds of retailers...
Plus many more!
* Click here for terms & conditions
What savings plan may best suit your needs?
IMPORTANT THINGS TO CONSIDER
All references to taxation are to UK taxation and are based on Shepherds Friendly Society's understanding of current legislation and H M Revenue and Customs practice which may change in the future. For our With Profits plans investment growth is by means of bonuses, the amount of which cannot be guaranteed throughout the term of the contract. Please ensure that you read the full terms and conditions of this plan which are available from your financial adviser or by contacting us directly.