Modern Slavery Statement

Financial year end 2022


This statement sets out the approach taken by the Metropolitan Police Friendly Society Limited (“Metfriendly”) to identify all potential modern slavery risks related to our business, and the steps taken during the financial year to ensure that slavery and human trafficking is not taking place in our operations nor in our supply chains.

This is Metfriendly’s statement under section 54 of the Modern Slavery Act 2015 and covers the financial year from 1 January 2022 to 31 December 2022.

Our Structure, Business and Supply Chains

Metfriendly has no trading subsidiaries. Metfriendly has a turnover of over £59 million. This Modern Slavery Statement therefore applies only to Metfriendly.

Metfriendly is a mutual company, offering investments as well as insurance products and services in the UK. We employ circa 45 staff; most are based at our office in Orpington, there are some staff who work remotely.

Our supply chain includes the provision of services to us in regard to actuarial work, audit, human resources, information technology, payroll, premises, publishing, reinsurance and website hosting. During 2022 we engaged an IT support services company to develop a new IT processing system for us; they operate internationally and were subject to due diligence to ensure satisfactory compliance with the Act.

We engage independent investment fund managers to manage our investments, who operate internationally with their own Modern Slavery policies and statements.

Overview – Policies and Procedures

Metfriendly has a zero tolerance to slavery and human trafficking. We aim to conduct our business in an ethical and transparent manner.

Our suppliers are primarily UK based providers of professional services. Due to the nature of our business and supplies, as well as our approach to governance, we consider our risk of slavery and human trafficking to be very low. However, we continue to periodically review the effectiveness of the relevant policies and procedures that we have in place.

Our internal policies and procedures are outlined below:

  • Any purchasing activity must adhere to all applicable UK laws and regulations.
  • Our Employees – Metfriendly treats all its employees with dignity and respect in an environment that is free from discrimination and harassment. Metfriendly will only recruit staff after ensuring that they are legally permitted to work in the UK and will pay wages in accordance with all UK laws, rules and regulations. We have a formal Whistleblowing Policy through which we encourage our employees who have serious concerns about wrongdoing or suspected wrongdoing in the workplace to come forward and voice their concerns.

Senior Management have been briefed on the Modern Slavery Act 2015.

‘I have always been pleased with the returns from my Metfriendly policies.’

Mr P Payne, Bordon

Very happy with the service. I have a number of policies for myself and my children.

Police Sergeant S Drysdale, DPS Borough Support

‘I’ve used Metfriendly for the last 5 years and recently the money has gone towards a deposit for our house. I will be signing back up next year to help save towards my kids future.’

Mrs A Cooper, Met CC, Bow

‘I would recommend Metfriendly to everyone.’

Mrs V Thompson, Dagenham

‘I’ve used Metfriendly for the last 5 years and recently the money has gone towards a deposit for our house which we are moving into next month. I will be signing back up next month to help save towards my kids future.’


Amanda Cooper (Met CC, Bow)

Good service – always very helpful and informative.

Miss J Coward, South Norwood, London

‘Hassle-free savings that are started every year on my behalf, without me having to call up.’


D.C. R McLaren, Hackney Borough Stations

Great opportunity for family members to be offered the same offers as members.

Miss A McLeary, ESB

‘Very pleased with the service I’ve received to help me save money direct from my salary.’

DC Chris W, SO15