Principles and Practices of Financial Management
Our Principles and Practices of Financial Management (PPFM) explain how we manage our With-Profits funds across each of the product types, including businesses acquired by Scottish Friendly, and ensure that customers are treated fairly.
PPFM
The following documents explain the Principles and Practices of Financial Management (PPFM) that we apply in managing our With-Profits funds and in ensuring that customers are treated fairly.
PPFM for Conventional Business (PDF) 0.34 MB
Relates to our Scottish Bond, Child Bond, Prosperity and Regular Savings Plan and business where home service agents originally collected policy premiums in cash.
PPFM for Unitised Business (PDF) 0.32 MB
Relates to our Bonus ISA, MoneyBuilder, Mi-Bond, My Choice (ISA), My Select (ISA), My MoneyMaker (ISA), My Prosperity (ISA), My Style (ISA) and My MoneyBuilder (ISA).
PPFM for ex-Rational Shelley policies (PDF) 0.40 MB
Relates to with-profits business transferred from Rational Shelley.
PPFM for ex-Scottish Legal Life policies (PDF) 0.51 MB
Relates to with-profits business transferred from Scottish Legal Life.
PPFM for ex-LANMAS policies (PDF) 0.44 MB
For with-profits business transferred from London Aberdeen & Northern Mutual Assurance Society.
PPFM for ex-Marine & General Mutual policies (PDF) 0.37 MB
For with-profits business transferred from Marine & General Mutual.
PPFM for Manulife sub-fund (PDF) 0.40 MB
For with-profits business transferred from Canada Life – Manulife sub-fund.
PPFM for Changes Document 2020-2025 (PDF) 0.11 MB
An outline of the changes to our PPFM Since 2020
Supplementary
The following are supplementary reports for our With-Profits funds.