|
1908
.
|
.
|
Dentists' Provident Society is founded in London on 3 February 1908 and registered as a Friendly Society under the Friendly Societies Act 1896 upon application of Messrs G F Cale-Matthews, W H Coffin, W B Paterson, H R F Brooks, W R Harrison, W R Wood, A W Wellings and B C Rayner.
.
|
|
1910
.
|
.
|
First sickness benefit claim paid. By the end of the year nine members had been paid sickness benefits totalling £188 5s. 11d..
.
|
|
1911
.
|
.
|
Norwegian explorer Roald Engelbregt Gravning Amundsen reaches the South Pole on 14 December 1911 after a journey of just under two months.
.
|
|
1912
.
|
.
|
The Representative Board of the British Dental Association establishes the Dentists' Insurance Committee to arrange general insurance for the members of the Association and the duty of managing the new operation is delegated to Dentists’ Provident Society.
.
|
|
1915
.
|
.
|
Albert Einstein publishes the second of his two theories on relativity - the general theory of relativity.
.
|
|
1922
.
|
.
|
Membership of the Society reaches 500. The membership of Dentists’ Provident Society grows quickly, with the new members in 1921 and 1922 amounting to more than 50% of the 1920 total membership.
.
|
|
1923
.
|
.
|
The Society begins providing mortgage advances to its members. The first advance being made to Mr Wood of Kettering for a sum of £1,500.
.
|
|
1929
.
|
.
|
Membership of the Society reaches 1,000 as the membership of the Society gains popularity with members of the British Dental Association. In some BDA branches almost 35% of the members are members of Dentists’ Provident Society.
.
|
|
1947
.
|
.
|
Bell Telephone Laboratories invents the transistor. The device is quickly incorporated in electrical devices, including the computer.
.
|
|
1951
.
|
.
|
The assets of the Society reach £1,000,000. The Society relocates to its new offices in Bruton Place, London.
.
|
|
1953
.
|
.
|
On May 29, 1953 New Zealander Edmund Hillary and Sherpa Tenzing Norgay from Nepal reach the summit of Mount Everest climbing the South Col Route.
.
|
|
1955
.
|
.
|
Membership of the Society opened to non-members of the British Dental Association. The change leads to the Society enjoying a marked increase in new members.
.
|
|
1962
.
|
.
|
Dentists’ Provident Society makes its first investment in the stock market.
.
|
|
1967
.
|
.
|
The Society introduces commuted membership.
.
|
|
1969
.
|
.
|
Neil Armstrong and Buzz Aldrin become the first humans to reach the moon on 20 July 1969.
.
|
|
1974
.
|
.
|
Richard M Nixon resigns as president of the United States on 9 August 1974 in the face of a near-certain prospect of impeachment.
.
|
|
1980
.
|
.
|
The Society begins payment of terminal bonuses at the rate of 9% on the accumulated capital to members retiring from the Society.
.
|
|
1981
.
|
.
|
The first Space Shuttle – Columbia, is launched from the Kennedy Space Centre on 12 April 1981 - the 20th anniversary of Yuri Gagarin’s space flight.
.
|
|
1989
.
|
.
|
Poland leads the way to the fall of Communism in Eastern Europe.
.
|
|
1993
.
|
.
|
The Society incorporates under the Friendly Societies Act 1992 as Dentists' Provident Society Limited. The new Act gives the Society the ability to offer additional products and services to its members.
.
|
|
1997
.
|
.
|
British Rule in Hong Kong ends with the transfer of sovereignty of the colony to China on 1 July 1997.
.
|
|
1998
.
|
.
|
A strong stock market fuelled by booming technology stocks sees the Society’s total assets reach £100 million.
.
|
|
2003
.
|
.
|
The Human Genome Project is completed successfully, with 99% of the human genome sequenced to 99.99% accuracy.
.
|
|
2008
.
|
.
|
The Society reaches its 100th year and launches a new range of products designed to offer greater flexibility than ever before.
.
|
