Investing for your goals
Everyone’s financial goals look different: some are close, some further away, some might still be forming.
How it works
With a Scottish Friendly Stocks & Shares ISA, you can create individual pots that sit within it to support each of your goals. This can make it easier to stay organised and invest in a way that suits your plans and preferences. Here’s how it works:
Think about your goals
You may have one or several goals in mind, from building steadily to saving for something special. Deciding what each goal is for can help shape the way you choose to invest. If you’re unsure how much risk feels right for you, you can explore our investor styles before choosing your approach.
Choose your risk levels
Everyone feels differently about risk. You might choose funds with a steadier approach for more immediate goals, while goals further down the line might allow you to consider options involving a higher level of risk and variability in potential growth. Higher risk investment can fall in value more significantly, especially over shorter periods.
Set up a pot for each goal
Each Pot can have its own purpose, risk levels, and fund choices. You can create new pots in the My Plans app, and giving them names (like “First home” or “Future adventures”) can help keep you focused on what you want to achieve.
Track your progress
You can get a single view of all of your goals through our My Plans app. By logging in, you can review your progress, adjust contributions, open new pots, switch your approach, and see everything in one place, if needed. Just keep your details handy.
Stock market investments can go down as well as up, and you or your child could get back less than you invest.
Ways you might want to use pots
These examples are for illustrative purposes only to show how pots can help you plan for different goals and dreams, all within one ISA.
Saving for a wedding
For goals in the nearer future, like planning a wedding, you might choose from funds with a steadier mix of risk levels. This can give your money time to grow, although returns are not guaranteed, while helping you manage natural market ups and downs.
Working towards your first home
For medium‑range goals, like saving for your first home, you could use a combination of funds and risk levels which aims for growth over several years, although the value of investments can fall as well as rise, while still keeping a close eye on a degree of stability.
Planning for retirement
For goals much further in the future, like getting ready for retirement, you may feel comfortable including a wider spread of risk levels, giving your investments more time to move and potential to grow over time, although this comes with a higher level of investment risk.
This information is for general guidance only and is not personal financial advice. It does not take into account your individual or financial needs. You should consider whether investing is right for you based on your own circumstances.
Why pots could work for you
Adding pots offers a straightforward way to keep your investments aligned with what matters to you.
Build your future at your pace
You can start with regular payments, a single sum, or both, and you could also transfer your ISA to us. Add more over time, or adapt whenever life changes, giving you space to shape your plan to suit your needs.
Keep your money organised
Seeing each goal separately can help you stay motivated and understand how each pot in your ISA is working for you.
Shape choices around goals
Your medium and longer-term plans don’t have to follow the same investing path – tailor your pots to get what you need from them.
Stay in control
You can change contributions, switch funds, or adjust how your pots are set up without needing to open a new ISA.
Ready to plan for your goals?
If you’ve started shaping the goals or milestones you want to invest for, you might wonder how they connect with real‑life investment choices.
Scottish Friendly offers a range of funds, each with different risk levels. Exploring these can help you understand the kind of investment approach that supports your goals.
