Sheffield Mutual Friendly Society has been improving the financial wellbeing of its members since 1892.
Whilst we remain passionate about our heritage and mutual status, our products and services have been developed to include a simple range of trusted savings, investment and protection plans - with a particular emphasis on tax-efficient savings and investment policies.
Being an independent mutual organisation we have no shareholders to satisfy. This means that our success can be shared with our members through attractive investment returns and good service. Whilst past performance is not an indicator of future performance, our aim is to deliver greater potential returns to members throughout the life of their policy.
The Society is:
- A member of the Association of Financial Mutuals
- Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority
- A member of the Financial Services Compensation Scheme
Sheffield Mutual was originally established to provide funeral and sickness benefit schemes to its members in times of financial hardship. We may have been helping to look after our members for a long time, but also appreciate the importance of providing products that are relevant to today’s members, such as the Junior ISA and Tax Exempt Savings Plan. The Society's total assets are now in excess of £110 million and there are over 77,000 members.
Our most recent Report and Accounts are available to download here.
We aim to offer a more personalised service than many of our competitors and you will always be able to speak directly to one of our friendly and knowledgeable staff, based at our head office near Barnsley, South Yorkshire.