Save for your future with a plan that offers a guaranteed return.

When you're investing for your future, we know that you want to make sure you're putting your money somewhere safe and secure. Here at Shepherds Friendly we have over 190 years of experience providing simple, value for money financial plans, with the aim to offer you competitive rates to grow your savings. Your investment is also covered by the Financial Services Compensation Scheme (FSCS) with no upper limit, meaning that even if you invest the maximum £125,000 you'll be completely covered.

Open our 5 Year Fixed Rate Bond securely online or over the phone today with a minimum investment of £1,000 and receive a guaranteed annual return of 1.5% AER over five years.

What you need to know:

  • You need to be 18 years or older
  • The minimum amount required to open a plan is £1,000 and you can invest up to £125,000
  • This is a life assurance savings plan which means you receive a lump sum payable on death
  • The plan provides a fixed rate of 1.5% AER
  • The investment must remain with us for the 5-year term to receive the 1.5% AER return, if you decide to withdraw your investment earlier you may not receive this rate.
  • You must be a resident in the UK

Your money protected


100% of your investment with us is covered by the Financial Services Compensation Scheme (FSCS), with no upper limit.

How is the interest calculated?

We calculate the interest on your Bond on a compound basis, meaning you receive interest on the initial investment value as well as the interest that is added to the plan each year. This is called compound interest, which means you will receive 7.73% interest on your initial lump sum investment once the 5-year term has ended.

Tax taken care of

We pay tax on the fund that generates any returns on the Bond. This means, for basic-rate taxpayers, you should not be subject to further tax on your investment returns. For higher-rate taxpayers, there may be additional tax liability upon withdrawal/maturity.

On withdrawal/maturity we will send you a Chargeable Event Certificate and if you are a high-rate taxpayer you will have to include this in your tax return.

For more information about tax and the Fixed Rate Bond, please see the terms and conditions of the plan.

Need more information?

If you still have questions about the plan then please feel free to get in touch with our Member Service team who will be happy to answer any questions you have or to run through the application with you.

Phone Icon 0800 526 249

Email Icon [email protected]
You can call us any time between 9am - 5pm Monday to Thursday or 9am - 4pm Friday.

Ready to get started?

Before you start your application, please make sure that you have read and understand the following documents:

When you’re happy with your understanding of how the plan works, then you can get started with your application.
Start here

Important things to consider

  • Inflation may affect the purchasing value of your investment in the future
  • If you die during the term of your plan, then your estate will receive a guaranteed lump sum
  • No early withdrawals from the plan are allowed, except in exceptional circumstances

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. 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.

Please note: No advice has been provided by Shepherds Friendly. If you are in any doubt as to whether a plan is suitable for you, we recommend getting in touch with a financial adviser, who will be happy to take you through what options are available. Should you consult a financial adviser there could be a cost involved and you should confirm this cost beforehand.