These promotions are available to new recruits to the Police Service - Student Officers and Staff. Where a member of Police Staff (eg a PCSO) or a "Special" goes on to train as a Student Officer, they are eligible.

Our Fixed Term Savings Plans - for 5 years and for 10-35 years including the Savers' Tax-Exempt Plan (STEP)

NB The premium limit on STEP is £25 per month.

For fixed term savings plans taken out during your  first 2 years of service, we give you a money back guarantee. We normally reserve our rights on the surrender value we pay when these plans are cashed in early, although we always do our best to be fair. Under this promotion, we will not make any deduction from the premiums you have paid us, neither to cover our administrative costs nor to protect us against falls in the stockmarket.

You may take out 2 or more plans, each for a minimum of £10 per month. At any stage in those plans, you can cash in any or all of them for a complete refund. If the normal surrender value is higher, you will receive this higher amount.

Our Stocks and Shares ISA

NB You can save in this even if you already have a Cash ISA. Normal ISA limits apply.

We will reduce our minimum monthly premium to £20 per month for plans commencing in your first 2 years of service.

Our ISA is invested in the same with profits fund as our fixed term savings plans. This is lower risk than investing 100% in equities, but it is still exposed to some market risk.

We normally make a 1% deduction from ISAs cashed in during the first year, but we will waive this charge for plans taken out in your first 2 years of service.

If we do have to make a deduction to allow for falls in the stockmarket, it will apply to all ISA plans at the relevant durations. (It is an Inland Revenue requirement that Stocks and Shares ISAs are exposed to market risk - otherwise they are deemed to be Cash ISAs.) .