Page 25 - WMPF Here for you 2016

Income

Income Summary 2016

£623,419

Subs Member Services Investment and other Income
£489,836 £103,749 £29,834

5%

17%

78%

Income in 2016 fell by 4.84 per cent in line with the reduction in membership due to the
police officer numbers still falling.

Subscriptions were by far the largest contributor at 78 per cent of total income.

Member services continue to generate income which is derived from the provision of
insurance and other products to members but saw a decrease in sales. This is due to still
falling numbers of members as a direct result of reducing police officer numbers. Fewer
members are also taking advantage of some of the discounts offered as online services
sometimes seem to provide a better deal. This area is now under review to find a way in
providing better offers for members.

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