Unit-Linked Funds available from Utmost Life and Pensions if the transfer is approved

We have recently written to our unit-linked policyholders to let them know what funds will be available to them if the transfer goes ahead.


Click here to see a copy of this letter


If the Proposal goes ahead, all policies, including all unit-linked investments in them would be transferred to Utmost Life and Pensions.


The existing unit-linked funds in the Equitable will be renamed and become Utmost Life and Pension funds.


Aberdeen Standard Investments will continue to manage some underlying investments in those funds.


JP Morgan are the fund managers for Utmost Life and Pensions, so any new investment in the funds will be managed by them.


This table shows all the funds that Equitable currently offers and the new name of that fund should the business be transferred to Utmost Life and Pensions.


Objectives of four of the funds would be altered slightly and these changes are also shown.


Depending on the type of policy, there may be the option to switch into one of the new funds being offered by Utmost Life and Pension after the transfer.


More information can be found on Utmost's website