Sheffield mutual was established in 1892 and is regarded as a smaller mutual friendly society. They are based in Barnsley, South Yorkshire and are passionate about their heritage and mutual status. They offer a simple range of products including transparent savings, investments and protection plans as well as the Junior ISA. With over 50,000 members they now manage an excess of £47,000,000 worth of funds.
With the Sheffield Mutual Stocks and Shares Baby ISA your funds are held in a with-profits insurance policy which is designed for longer term growth investments such as a Junior ISA.
Annual Management Charge: 2.5% of the value of the fund in year 1 and then 1.5% each year after. Minimum Investment: £10 per month or a one off payment of £100 (£50 if topping up thereafter).
Sheffield Mutual Friendly Society 3 Maple Park Maple Court Wentworth Business Park Tankersley Barnsley South Yorkshire S75 3DP