These are the 'Key Features' of the
Children's Savings Plan

"Why should I read this document?"

The Financial Services Authority is the independent financial services regulator. It requires us, the Metropolitan Police Friendly Society, to give you this important information to help you decide if our Children's Savings Plan is right for you and the child. You should read this document carefully so that you understand what you are buying, and then keep it safe for future reference.

We want you to be comfortable that you understand the 'Key Features' of this product before you decide to proceed. If you do not understand something in this document, please feel free to contact us.

Its aims

• To build up a lump sum payable when the child is 18, 21 or 25.
• To enable you to take advantage of the child's friendly society tax-free savings allowance.
• To provide a guaranteed minimum benefit on maturity or in the event of the child's death during the savings period.

Your commitment

• You agree to save a regular monthly sum by salary deduction or direct debit while the plan is in force.

Risks

• Your circumstances may change, forcing you to stop paying premiums.
• If you cash in or stop paying premiums in the early years, then the child may not get back as much as you pay in.
• Our charges may be higher than illustrated.
• What the child will get depends on investment performance - returns may be lower than illustrated.