Treating Members Fairly (TMF)

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The Society has declared:

" We are dedicated to fairness in our dealings with Members "


The Society's responsibilities to Members in the TMF area are:

1.   We will ensure that fairness in our dealings with Members is central to the
      society's culture.

2.   We will design and market new products that meet the needs of the Member
      groups at whom they are targeted.

3.   All of our products will have clear and fair terms and conditions.

4.   We will provide all necessary information about our products before, during 
      and after the point of sale.

5.   Where we provide advice, this will be suitable and will take account of our
      Members' circumstances.

6.   Our products will perform as we have led our Members to expect.

7.   Our staff will provide our Members with a friendly, efficient and professional
      service.

8.   We will not put in place unreasonable barriers that prevent our Members from
      changing products or moving to another institution.

9.   We will deal with complaints in a fair manner and will comply with the FSA's
      rules and guidance in this area.

10. We will gather and review the necessary management information the Society
      needs to ensure that the Society meets its TMF responsibilities.

The Society's TMF policy and procedures will be subject to ongoing review at
Board level.  Improvements will be implemented, as necessary to ensure that a high level of compliance is maintained.

The maintenance of TMF standards is the responsibility of the Senior Manager, Compliance.

May 2010