Principles and Practices of Financial Management
The Operation of our With Profit Fund is governed by its “Principles and Practices of Financial Management" (PPFM).
The PPFM is a document describing how we run our with-profits business.
It is split into Principles and Practices:
Principles are high-level statements that describe our long-term approach to managing the fund.
Practices are more specific statements, which flow from the Principles. These describe how we manage the fund.
You can also view the customer friendly version of the PPFM - “How we manage our with-profits business”
Ecclesiastical Life Limited is also required every year to publish a report which explains how we have complied with the PPFM. A copy of this report is available here.
