What does the potential transfer of Police Mutual to Royal London mean for Metfriendly members?

Albert Einstein is quoted as saying “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” He then went on to describe it as the “most powerful force in the universe”.

April is Stress Awareness Month, an event that aims to raise awareness of the "causes and cures for our modern stress epidemic".

As I sit writing this investment update, I’m at my desk looking out at the river at home rather than the town centre in the office in Orpington. We have all had to adapt to the unusual circumstances we find ourselves in.

The current situation with regard to COVID 19 is causing a lot of anxiety and fear throughout the country but can also be causing some financial distress to some. Below are some guides, tips and links to information that might be useful to you or your family.

As the COVID-19 outbreak takes its toll on British life and the economy, what can you do to help others and keep your own finances in check?

I wanted to give you an update on the impact of COVID-19 on Metfriendly. Our business is operating as normal and we are coordinating our response to the virus to ensure we can continue to deliver for our members, look after the health of our employees and maintain the continuity of our business.

Rishi Sunak has delivered his first Budget as Chancellor of the Exchequer, outlining the Government's financial plans for the 2020-21 fiscal year. The announcement was overshadowed by the coronavirus (COVID-19) outbreak, which has affected stock markets around the world in the past few weeks.

Metfriendly CEO Kathy, (centre) along with Debbie (left) and Angela (right), both presenters at our Options seminars, were recently set some interesting questions by London Police Pensioner Magazine.

We’re delighted to announce the results of this year's quiz, revealing what our members really think about Christmas and what they're looking forward to in 2020.

Metfriendly new joiner Simon Horgan talks about why he’s passionate about helping police officers.

The Conservatives' big win in the 2019 general election provided the clarity that many people in the UK were hoping for, boosting financial markets in the process.

We're proud to support new charity the London Retired Police Dogs Trust, with whom we've produced our 2020 calendar.

Black Friday this year is 29th November. Love it or hate it, it's hard not to be tempted to scour the internet for a deal.

With Help to Buy ISAs closed to new savers as of November 30th 2019, many people will be looking at other products to help them save up money for a deposit on a first home. One option is the Lifetime ISA. Likewise, if your child has a Child Trust Fund set to mature from next year onwards, it's[..]

With the recent release of the 2019/20 pay scales for Police Officers across the UK, here we offer a brief FAQ to address some of the most common questions surrounding police pay.

Our newest recruit, Joey, spoke to us about his role at Metfriendly, his parents' careers in the police and his financial plans for the future.

The property market can be a challenging place to find value, but with the right knowledge and research, you can secure a great deal.

The Government has announced a 2.5% pay award for police officers in 2019/20, coming into effect from 1 September 2019.

You get your payslip – and your eyes go straight to the bottom right-hand corner. How much did you get! And fair enough too – but just what do all those other parts mean?

This year we are proud to be supporting Light the Lakes.

Check your annual tax allowances, including ISA savings limits with our handy infographic.

We're delighted to announce that Metfriendly is now a proud sponsor of the Met Police Choir.

We're all guilty of spending time dreaming about retiring. This is particularly true when you've had a stressful day in the police service.

If you are actually approaching retirement from the police in the next few years there are so many things you will be thinking about. One of the most[..]

Good, stable well-paid jobs can be very hard to come by, even for university graduates – and competition is fierce. Then there’s buying a home – each year more and more young adults are giving up on what was once a reasonably straight-forward decision.

The Met Police Rugby Club host Touch Rugby sessions at Imber Court on Monday nights from 7pm and you are invited to join.

Metfriendly have proudly sponsored the Memorial Flame at Hendon Regional Learning Centre since its inception in 2016.

This is just one of the questions you may be asking yourself on the run up to your retirement from the police service. So, if you’re looking for information to help you answer this and any other burning questions you might have, start here.

We would like to say thanks to female officers for their commitment and dedication to policing over the last century.

Make plans for getting the keys to your own home.

Buying your first home is exciting. But saving the deposit for your first home may seem more like a far off dream. Could a Lifetime ISA help you realise your dream more quickly? Here we explain what you need to know in order for you to take advantage of your options.

Now is a good time to be looking for your first home. First-time buyers have been helped by the recent stamp duty tax breaks and savings schemes like the Lifetime ISA.

We are delighted to announce the appointment of Kathy Byrne as the Society's next Chief Executive Officer.

Kathy Byrne has been appointed as Metfriendly’s new Chief Executive Officer and will take over the role from interim CEO Mark Myers as of 1^st January 2019. Mark has led the Society since[..]

Once upon a time your ISA choices were straightforward. But now there are a lot of different types of ISAs on the market and choosing which one is right for you is a lot harder.

Teaching your kids about finance early can be a great way to set them up to be sensible spenders in adulthood.

In 2018 we celebrated 125 years of Metfriendly.

The results of our Christmas Quiz are in and they paint a very festive picture for police officers in the UK.

Retirement may seem like a dream, however, it's important to ensure you are prepared for it to make the dream a reality.

Buying a secondhand car can be a complicated process, but our handy tips can make sure you have all the information you need to get a great deal.

Understanding where the taxman could owe you money can be a positive way to help safeguard your finances and ensure you're keeping hold of more of your pay every month.

Christmas is a particularly busy time for the police, and with so many public events and celebrations it’s easy to forget about everyday concerns.

We attend all of the Passing Out Parades held within the Met to welcome the newly qualified police officers to the greatest police service in the world.

Police officers can benefit greatly from a number of announcements made in October's Autumn Budget.

We are proud to have the UK's most senior police officer as our Honorary President.

We're excited to announce that this season, we're sponsoring the Metropolitan Police Rugby Football Club

We pay our respects to those Officers that tragically lost their lives in the line of duty.

This year at Notting Hill Carnival, we supplied Officers with our very own branded water bottles to ensure they kept hydrated throughout the day.

Effectively planning for the future means understanding the importance of having a will and knowing precisely what will happen to your assets and property after you die.

The Government has announced a 2% pay award for police officers in 2018/19, effective from 1 September 2018. Our useful guide offers clear information on how salaries are affected for officers at each rank and pay point.

"I have a Help to Buy ISA of over £4,000, but the Lifetime ISA looks better, what do I do now?"

Police officers approaching retirement should not be apprehensive for the future, as there are many fantastic opportunities that await you after leaving the service.

If like many parents and grandparents you are considering how you can help cover the cost of university we have put together some top tips to help you start planning and saving.

There are so many things to consider when buying your first home. Saving your deposit is likely to be your main concern but there are other fees and charges that you should be aware of so that you can build them into your overall budget.

The latest research from Aldermore’s 2017 Annual Savings Tracker reveals

Working in the police service is demanding. Shift patterns and dealing with difficult situations make daily life hectic.

A police pension is an attractive feature of working as a member of the force, but like any complex financial scheme the details can seem confusing.

It doesn’t matter whether you’re a police constable on the beat or a chief superintendent; a bill you didn’t budget for always hurts. 

Like anyone with a stressful job, people working in the police service need ways to relax and unwind - however, hobbies can be expensive.

Saving for a first home can be a challenge for anyone - even couples with an above-average income.

Financial Capability Week 2017 (FinCap 2017) aims to teach the UK how to become more financially capable and better at budgeting, all year round.

Here we attempt to answer many of the common questions to do with police pay. To help us we’ve enlisted the services of Metfriendly Board member Joanna Young.

Whether you are just starting your career with the police service or you’ve been a member of the police community for years, there are some questions which you should never ignore.

On 12 September 2017, the government announced a 2% pay award for police officers in 2017/18. Our handy guide will show you how salaries for each rank and paypoint have been affected.

You never know what financial event life will throw at you next. On the one hand, a man buying a scratchcard has no idea that he is about to become a jackpot winner. On the other, an off-duty police officer riding a motorcycle has no idea that she is about to lose her ability to work until the[..]

It’s now harder than ever for police officers, staff and their families to get onto the property ladder in London, with house prices at an all-time high and continuing to rise, and risk-averse mortgage companies cautious about lending to anyone who doesn’t have a sizeable deposit.

When you’re young and carefree, retirement can seem a long way off. So it can be tempting to choose to opt out of the police pensions scheme.

Fortunately, most members of the police services should have a reasonably good pension pot by the time they come to retirement so you don't have to rely solely on the state pension.

Your credit score is one of the most important numbers you should be aware of. Unless you have won Euromillions, or happen to be the Duke of Westminster, at some point in your future you will probably need to access credit.

Knowing our members and your career and financial priorities is at the heart of what we do at Metfriendly.

We recently interviewed 664 Met Police Officers and staff. By speaking to you we learned not only about the pressures of your job, but we also got an in-depth understanding of your financial life.