Friendly MoneyBuilder is a 15-year investment that makes starting to save as painless as possible. Money that might otherwise disappear is put aside for your future, so in 15 years' time you get a guaranteed lump sum plus bonuses, provided you keep up payments for the full term.

You can start saving from just £10 a month, or as much as £100 a month, and our special low-start feature means you gradually put more into your savings plan in years to come. It's a good way to get into the habit of putting cash aside.

Here's how it works:

• You select how much you initially want to save - you can start saving between £10 and £100 a month
• The monthly amount you select will go up by 20% each year for the first five years

So, if you start paying in £10 per month in year one, your premiums will steadily rise until they reach £20 per month at the end of year five. The table below shows an example of how your premiums would increase with our low start feature:

Initial Monthly Premium	Year 1	Year 2	Year 3	Year 4	Year 5	Years 6-15
£10	£10	£12	£14	£16	£18	£20
£20	£20	£24	£28	£32	£36	£40

When you're deciding how much to save initially, you'll also need to think about whether you'll be comfortable with the higher premiums later, because if you cash in your plan early, you may not get back as much as you paid in.

The sooner your start saving, the better. If you start saving just £50 per month now, it could add up to over £20,000¹ after 15 years. The table below show how your savings can build depending on the monthly savings amount you choose:

Initial Monthly Premium	Guaranteed Minimum Cash Sum	Projected values after 15 years, starting plan at age 352
		4%	6%	7.25%
£103	£2,959	£3,580	£4,080	£4,430
£304	£8,877	£10,700	£12,200	£13,300
£505	£14,795	£17,900	£20,400	£22,100

Past performance is not a guide to future performance. If you cash in your plan before the end of the term you may not get back as much as you have paid in. The final value of the plan depends on how much profit we make and how we distribute it. If you cash in early, in some circumstances we may also have to apply a Market Value Reduction which could further reduce the amount we pay you. Full details can be found in the the Key Features.

1. Based on someone aged 35 at outset paying £50 a month initially, assuming future investment growth of 6% each year.
2. These figures are only examples and the projected benefits are not guaranteed. They are based on premiums being paid for the full 15 years. They are not maximum or minimum amounts; what you get back depends on how your investments grow and the actual level of future bonuses. You could get back more or less than this. Do not forget that inflation would reduce what you could buy in the future with the amounts shown. Premiums increase by 20% of the initial monthly premium at the end of each of the first five years of the Plan as explained above. For further details on the effects of deductions on your plan, please see The Early Years section of the Key Features.
3. A total investment after 15 years of £3,240.
4. A total investment after 15 years of £9,720.
5. A total investment after 15 years of £16,200.

Your money will be invested in our With Profits Fund and, provided you keep the premiums up for the full term, based on your age and how much you pay each month, you will get back a guaranteed minimum cash sum, which protects a part of the total amount invested, on maturity to spend exactly as you please. Your payout will be free of taxes under current law as tax on investment gains is paid by Scottish Friendly over the duration of the plan.

Your main long-term growth potential comes from annual bonuses and a final bonus which may be added to the guaranteed cash sum. The value of bonuses, which are not guaranteed, depends on how much profit the with-profits fund makes and how we decide to distribute it. As we don't have any shareholders, all our profits are shared among savers like you. Any final bonus will be added at the end of the term.

Our With Profits Fund invests for long-term growth as well as a degree of security in stocks and shares, fixed interest and cash. Also, for added security, life cover is built in. The amount of life cover depends on your age and your monthly premiums and may be subject to medical conditions. You should consider if life cover is appropriate for your financial needs.

To apply simply click on the Apply Now link to download an application form and read the Key Features. Then complete it and post it to:

Scottish Friendly Assurance, FREEPOST, Glasgow G2 4BR

When you start saving with us, you'll receive a gift. You can choose a his or hers Sekonda watch. Or you can receive £15 worth of High Street vouchers to spend at your choice of over 70 of the country's leading retailers. Don't forget to select which gift you would like on your application form.

Or, you can request an information pack to be sent to you in the post. This pack includes further Friendly MoneyBuilder information and an application form.

If you apply for this product, for your records, we recommend you print or save a copy of this and any other relevant pages together with a copy of the Key Features.