Information regarding the 2016 distribution process
The cash will be collected from the syndicates on 10 April, and following the completion of Life LATF solvency exercise and the re-balancing of the Special Reserve Fund, Member Services will commence with the process of bringing each member down to a bottom line profit or loss figure. The release of profits to members will commence on 1 May and continue throughout May and June. If any member has any specific questions relating to potential profit releases, please contact your members' agent in the first instance. The production of the Consolidated Personal Accounts (CPA) will also take place during April. These will be delivered to your members' agent by 29 April for onward transmission to you, together with your distribution cash statement.