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Fund Updates

Second Liquidation Distribution February 2018 - Glanmore Property Fund - Published: 26 Mar 2018

A second liquidation distribution of £0.46 per share has been paid to clients for value 13 February 2018.


Liquidation Distribution February 2018 - EEA Life Settlement Run-Off Cells - Published: 16 Mar 2018

The Fund has announced its intention to process a compulsory redemption in order to pay out a distribution to those persons registered as holders as at the 12th February 2018.


Liquidators Update February 2018 - Mansion Student Accommodation Fund - Published: 16 Mar 2018

Update received from the Cell Liquidator with regards to the progress of the liquidation.


Fund Closures - HSBC Legacy Retention fund range - Published: 05 Dec 2017

We will be closing these funds on 7 March 2018. Unfortunately it is not possible to continue running them in light of the small number of policyholders remaining invested. We have provided 3 months written notice to affected policyholders. Click for more details and a copy of our letter.


Fund Closure - Conservative Real Return Fund - Published: 30 Jun 2016

On 8 September 2016 the Conservative Real Return Fund will be closed and all policyholders transferred into an alternative fund available to their policy which has a very similar investment strategy. Policyholders have been written to advising them of their options. Click on this story for more details.


Fund Closure - US Dollar Income Fund - Published: 30 Jun 2016

On 8 September 2016 the US Dollar Income Fund will be closed and all policyholders transferred into an alternative fund available to their policy which has a very similar investment strategy. Policyholders have been written to advising them of their options. Click on this story for more details.


Fund Closures - Investment Solutions Fund Range - Published: 27 May 2016

As a result of closures by the underlying fund provider, HBOS Investment Fund Managers (“HIFML”), on 20 May 2016 we will be closing 12 CMI Investment Solutions funds. Click on this story for more details and to view samples of the policyholder letters we have issued.