Member Distribution Payment Process

Following approval at the Special General Meeting (“SGM”) last October, the Society registered new Rules which took effect on 1 January 2022. These provide for future benefits to be paid on a discretionary basis rather than under a contract of insurance. Read more

Discretionary Mutuals

An overview document about Discretionary Mutuals as an insurance concept has been prepared by the Association of Financial Mutuals. Click to open the document: “Discretionary Mutuals:an introduction by the Association of Financial Mutuals”