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Why choose us?

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Saving for a child with a mutual society gives both you and the child access to a range of benefits

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Saving for a child's future with a mutual society is a wise decision.

When you are looking to save over the medium or long-term to give your child a real head start in life, saving with a mutual society like Shepherds Friendly can offer you so much more.

Once you start saving into a Young Saver Plan, the child you’re saving for becomes a member of the Society and starts to experience a variety of benefits only available at a mutual.

The Shepherds Friendly Society runs solely in the interests of our members. It is not listed on the stock market nor is it owned externally. This means that we do not have to pay any of our profits to shareholders; instead they are used to add value to the child’s investment and to 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 you 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 at every step of the way.

We ensure that the money you invest into the Young Saver Plan is treated in a responsible and sensible manner and gives you as good as possible a return on your investment.

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View the Shepherds Friendly mutuality video

When you open a Young Saver 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 first payment into the plan

You can redeem this online with hundreds of retailers...

Plus many more!

* Click here for terms & conditions

How to open a Shepherds Friendly Young Saver Plan: You can open a plan online quickly and securely by clicking the button below:

Alternatively, if you would like assistance in applying or would like more information regarding the plan, you can speak to a member of our customer services team by calling 0800 526 249


  • How the investment performs may vary during the term of the plan. Because of this the child could receive a higher or lower sum than you expect at the end of the plan and may not get back as much as you have paid in.
  • The amount of bonus paid each year is related to the total amount of sickness benefit paid out, and the investment performance of Shepherds Friendly’s funds. Therefore the bonus will fluctuate over the term of the plan.
  • If money is taken out of the plan at age 11 the child is unlikely to get back as much as we originally told you they would because of this early withdrawal.
  • If the plan is stopped and money is taken out at any time before the end of the plan you may have to pay to do so. This cost could be more or less than the examples in this leaflet.

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.