Police Mutual offers exclusive guarantees

With uncertainty surrounding the UK’s police sector with organisational changes and wider spending cuts, Police Mutual (PMAS), the UK’s largest affinity friendly society is encouraging police officers and staff to save for the future by providing its investors greater peace of mind through a unique set of guarantees on its investment plans.

PMAS has announced that customers investing in the Guaranteed ISA (GISA) can benefit from an exclusive double guarantee:

Guarantee 1

PMAS has promised to restore investments back to their original value after five years from the end of the tax-year invested in if the value of investments made in each tax-year has decreased because of unfavourable market conditions.

Guarantee 2

PMAS has also promised to lock in any growth achieved in each tax-year’s investment after five years from the end of the tax-year invested in. So at the end of the second five year period, the value of the investment is guaranteed not to be less than the new increased guaranteed amount.

For the Regular Savings plan:

When customers have decided how much they want to save and for how long, PMAS will guarantee a minimum amount that will be paid out at maturity. 

Stephen Mann, Police Mutual’s Chief Executive, said “Police Mutual works closely with the UK police service and we understand the uncertainty many officers and staff feel with cuts in public sector spending taking place. We hope that by offering these guarantees, customers will find they have a secure and reliable home for their savings, with access if they need it.”

Anyone interested in the Guaranteed ISA or Regular Savings plan should visit www.pmas.co.uk or call 0845 88 22 999 for further product details.