Scottish Friendly has reported record annual sales at £46.9m - up from £42m the previous year - but warned of a “challenging” year ahead due to the global economic and political situation.
The Glasgow-headquartered mutual recorded the best results in its 160-year history, with sales of its own-brand ISAs rise by 17% to £18.4m last year.
Its 2021 annual report also revealed revenue from its protection products via partners rising by 22% to £21.9m.
