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Police Family Finance Index Survey

13 December 2023

 
 
Family Finance survey - Aut 23 v2_1
 

Hi Martin,

The cost-of-living crisis and its impact on Police Family finances

Complete our survey for a chance to WIN one of ten £100 Amazon.co.uk gift cards

Our most recent report on Police Family Finances showed that many Police Families are under significant financial pressure.

The results of this survey provide detailed insights into the financial pressures and circumstances faced by the UK Police Family and are valuable to many Police Forces and policymakers across the UK.  

Key highlights from our previous report were:

  • the cost of living is hitting Police pockets hard, with the vast majority (86%) saying they have financial concerns and 27% missing meals due to lack of money.
  • the survey finds that on all indicators around financial wellbeing, the Police Family is in a worse position than they were six months ago.

Family Wellbeing has been severely impacted across the UK Police Family by the cost-of-living crisis. The last national report was used in 2023 PRRB submissions and cited by the final PRRB report as being one of the pieces of evidence when securing the recommended level of national pay rise. 

This research will help all involved gain a better understanding of the current situation and help us to improve levels of financial wellbeing through our work within the community.

As an incentive, eligible respondents will be entered into a prize draw to win one of ten £100 Amazon.co.uk gift cards. Entry terms and conditions apply.

 

Have your say

 

 

 

Extra Bonus megaphone V3

Looking for a great opportunity to help you grow your savings?

Our Autumn promotion is in full swing and offers an extra bonus when you invest a lump sum, perhaps from a commutation, inheritance or transferring over an existing ISA.

It’s our 130th birthday, so naturally we’re gifting you the opportunity to earn an extra 1.30% promotional bonus instantly (in addition to regular annual bonuses and a potential final bonus) when you invest or transfer £10,000 or more into a Metfriendly Lump Sum ISA or With-Profit Bond.

This offer is available until 31st December 2023 so if you, a family member, or a Police colleague, are looking to invest or transfer a lump sum from an existing ISA or top up an existing Metfriendly savings plan, now's the time.

Standard offer terms and conditions apply.

 

See our special offer 
Serving, former and retired Police from all UK forces are eligible and your family members can apply too.

 

Want to talk through your options with us? Call our friendly team on 01689 891454 or book a one-to-one appointment with us.

Guaranteed Bond Quote - Martin Lewis quote

4.5% guaranteed for five years 

If you want certainty when it comes to getting a return on your savings, try our Guaranteed Five Year Fixed Rate Bond.

It's a savings plan that guarantees growth over five years, therefore offering you more stability from your savings for the medium-term.

Competitive annual interest 

Invest from £10,000 up to £250,000 and receive 4.5% annual compounded interest guaranteed  (net of basic rate tax)

To help you compare with the competition, our bond has a gross equivalent interest rate* of 5.625%.

Example returns 

  • £10,000 invested guarantees £12,461
  • £50,000 invested guarantees £62,309
  • £75,000 invested guarantees £93,463

* Gross interest figure based upon internal Metfriendly calculation for information only – please check your understanding with your own tax adviser.

 

Find out more and apply

 

 

Move quickly to make the most of this great product. Due to financial market movements, this product can be withdrawn or the 4.5% rate changed at short notice. 

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