News

 

Liquidation of pension funds

Invesco Cash Pension Fund

Following a review of Invesco Perpetual Life Limited’s pension fund range we have made the decision to remove duplicate funds. As a result, we will withdraw the availability of the Invesco Cash Pension Fund and, unless instructed otherwise, switch all investors to the Invesco Perpetual Cash Pension Fund. This change will take effect from Friday 23 September 2016 and we have notified the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) accordingly.

Policyholders in the Invesco Cash pension Fund will be notified of this change in writing and have their options outlined in full.

 

Invesco Perpetual Global Equity Income Pension Fund

With effect from Tuesday 12 April 2016, we have liquidated the Invesco Perpetual Global Equity Income Pension Fund.

As the size of the fund is low and we believe the potential for the fund to grow in size is highly unlikely in the mid to long term, we have taken the decision to terminate this fund. We have notified the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) accordingly and written to all policy holders of the above fund, notifying them of this decision.

If you would like any further information please contact us.