PPFM – Principles & Practices of Financial Management

Recent changes to the PPFM

The Principles and Practices of Financial (PPFM) are reviewed by the Board regularly, and the most recent changes were agreed as summarised below. The current (January 2017) version of the PPFM is available here.

Summary

The practices have been reviewed to remove redundant wording, to improve clarity with no material changes to the principles, and to update them to reflect:

  • A distribution of the Estate as at January 2017 which increases the asset shares attributed to members by approximately £1 million.
  • Evolving detail as to the management of the Monthly Savings ISA including the circumstances in which successive contracts will be merged.

 

Good service – always very helpful and informative.

Miss J Coward, South Norwood, London

‘I have been a member since 1980. Never had any problems or issues. Staff always helpful.’

Mr Nino Trancucci, London

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

Police Sergeant S Drysdale, DPS Borough Support

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

DC Chris W, SO15

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

Mr P Payne, Bordon

‘I would recommend Metfriendly to everyone.’

Mrs V Thompson, Dagenham

‘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