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User Reviews

for Scottish Friendly Scottish Bond
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  • 48 of 48 Ciao users found the following review helpful
    Picture of jo-1976

    Level 7 jo-1976

    Member since 02/07/2009

    Reviews written: 296

    User doesn't recommend the product

    Advantages Advantages Long term investment with a guaranteed minimum sum and life insurance element, good service

    Disadvantages Disadvantages Small returns on money invested, small amount of life insurance cover

    Back in the year 2000, my life was very different to the one I lead now. I was single, childless, earning my first decent salary since graduating a couple of years earlier and had relatively few major outgoings each month, having successfully cleared my earlier student debts. (Those were the days!) Whilst many 23 year olds might want do something a little more exciting with their income, I've always been more of a saver than a spender, so I looked around for a safe place to invest some of my surplus cash. 10 years ago, I didn't have access to the internet in the way that most people do now so ... more
  • 0 of 1 Ciao users found the following review helpful
    Picture of JASPER57

    JASPER57

    Advantages Advantages none

    Disadvantages Disadvantages waste of money

    Do not go near this group of robbers -my wife and I both paid £25 per month to them for 10 years and after the 10 years (£3000 each ) we obtained a miserly £124 and £175 interest each. I have taken both cases to the Financial Ombudsman who has made a ruling in our favour for compensation from the ROBBERS. Having looked at the marketing literature there is no guarantee given as to the eventual return; however it does seem that the positive aspects of the bond are given prominence over any negative effects a downturn in the markets may have. The bond invests in Scottish Friendly’s with-profits ... more
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