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Forces Financial gains MoD Employer Recognition Scheme Silver award

Over 60% of Forces Financial advisors are members of the Military Family

Forces Financial gains MoD Employer Recognition Scheme Silver award

Posted on 08/04/2016

Victoria Theodorou

Filed under General

The first dedicated Forces financial services provider to sign the Armed Forces Corporate Covenant

Last month Forces Financial were awarded Silver in the Ministry of Defence Employee Recognition Scheme in acknowledgement of our support to Defence Personnel. The award follows being the first dedicated Forces financial services provider to sign the Armed Forces Corporate Covenant in 2014, marking our on-going commitment to help the Armed Forces Community.

The Defence Employer Recognition Scheme (ERS) recognises private sector employer organisations that pledge, demonstrate or advocate support to Defence and the Armed Forces community, by aligning their company values with the Armed Forces Covenant.

Robin Williams, Sales and Marketing Director - Military, at Forces Financial says of the new award, 

“It is a great honour to receive the Employer Recognition Scheme’s Silver award, particularly because a prerequisite of this award is receiving a third party nomination.  We are very proud of the fact that we were the first organisation of our kind to sign the Armed Forces Corporate Covenant, so it’s great to have taken the next step less than two years later. We have plenty of plans for the year ahead and are looking forward to proving our commitment further still.”

Forces Financial was nominated for the Silver award by Kristina Carrington, Regional Employer Engagement Director, East Anglia Reserve Forces for excelling in four key areas:

  1. Employees - over 60% of Forces Financial advisors are members of the military Family and the company offers both full and part time roles across Germany, Cyprus and the UK including transitions when serving partners are posted.

  2. Not-for-profit model – Forces Financial is part of Police Mutual Group, the UK’s largest not for profit financial services organisation dedicated to those that put their lives on the line.

  3. Savings for the Military - Forces Financial has removed fees from a number of products including Kit Insurance and Savings product. It helps over 3,000 military families to start saving regularly every year and provides free mortgage advice to thousands.

  4. The Military Foundation – with the aim of improving the lives of military personnel, their families and the wider military community, the Military Foundation provides a free debt counselling service and is committed to providing a minimum of £100,000 per annum as giveback to the military community through funding for financial education and other good causes.

Full details of the Defence Employer Recognition Scheme can be Found Here