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.

 

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

Police Sergeant S Drysdale, DPS Borough Support

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

Miss A McLeary, ESB

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

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