Foresters Friendly Society: Difference between revisions
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The Ancient Order of Foresters which today trades as Foresters Friendly Society was established in 1834, although its origins lie in a much older society called the Royal Foresters formed around 1723. |
The Ancient Order of Foresters which today trades as Foresters Friendly Society was established in 1834, although its origins lie in a much older society called the Royal Foresters formed around 1723. |
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At 31 December 2014 the Society has 82,874 members and has total assets of £264.5m |
At 31 December 2014 the Society has 82,874 members and has total assets of £264.5m. |
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Being a mutual society means Foresters Friendly Society have no shareholders to pay. Instead they are exclusively owned by and run for the benefit |
Being a mutual society means Foresters Friendly Society have no shareholders to pay. Instead they are exclusively owned by and run for the benefit of their Members. Profits are distributed to members through the membership benefits package - Foresters Extra. In 2014, Foresters gave back £871,000 to members in financial grants. |
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The Society incorporated in 2003 and that year acquired Tunstall Assurance Friendly Society, followed by the Leek Assurance Collecting Society in 2005. In 2014 it acquired the Post Office Insurance Society (POIS) |
The Society incorporated in 2003 and that year acquired Tunstall Assurance Friendly Society, followed by the Leek Assurance Collecting Society in 2005. In 2014 it acquired the Post Office Insurance Society (POIS). |
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The society is regulated in the United Kingdom by the [[Financial Conduct Authority]]. |
The society is regulated in the United Kingdom by the [[Financial Conduct Authority]]. |
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==Senior Management== |
==Senior Management== |
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In November 2012 Paul Osborn was appointed as Chief Executive. Mike Wilkinson was appointed to the Board in September 2012 and subsequently elected Chairman |
In November 2012 Paul Osborn was appointed as Chief Executive. Mike Wilkinson was appointed to the Board in September 2012 and subsequently elected Chairman. |
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== Sponsorships == |
== Sponsorships == |
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In December 2012 Foresters announced their official sponsorship of the Archery GB Olympic and Paralympic teams. In November 2013 following a very successful three years Foresters Friendly Society |
In December 2012 Foresters announced their official sponsorship of the Archery GB Olympic and Paralympic teams. In November 2013 following a very successful three years Foresters Friendly Society renewed its sponsorship, taking its sponsorship beyond the Rio Olympics. |
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==See also== |
==See also== |
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Revision as of 15:19, 26 January 2016
Foresters Friendly Society is a well-established UK friendly society that has been looking after their members and their finances for over 180 years. The Society has a head office in Southampton and a staff of 60 people.
History
The Ancient Order of Foresters which today trades as Foresters Friendly Society was established in 1834, although its origins lie in a much older society called the Royal Foresters formed around 1723.
At 31 December 2014 the Society has 82,874 members and has total assets of £264.5m.
Being a mutual society means Foresters Friendly Society have no shareholders to pay. Instead they are exclusively owned by and run for the benefit of their Members. Profits are distributed to members through the membership benefits package - Foresters Extra. In 2014, Foresters gave back £871,000 to members in financial grants.
The Society incorporated in 2003 and that year acquired Tunstall Assurance Friendly Society, followed by the Leek Assurance Collecting Society in 2005. In 2014 it acquired the Post Office Insurance Society (POIS).
The society is regulated in the United Kingdom by the Financial Conduct Authority.
Products
The Society currently offers a range of financial products that are simple and affordable and are backed by excellent customer service. The main products are Savings & Investments (with profits and unit-linked) Life Insurance cover (with-profits), Group life and sickness cover and Medical insurance.
Senior Management
In November 2012 Paul Osborn was appointed as Chief Executive. Mike Wilkinson was appointed to the Board in September 2012 and subsequently elected Chairman.
Sponsorships
In December 2012 Foresters announced their official sponsorship of the Archery GB Olympic and Paralympic teams. In November 2013 following a very successful three years Foresters Friendly Society renewed its sponsorship, taking its sponsorship beyond the Rio Olympics.
See also
- Independent Order of Foresters
- Shepherds Friendly Society, another long-standing UK friendly society, formed 1826.
External links
- Foresters Friendly Society – official website
- Ancient Order of Foresters and other friendly societies