Updates to Corporate Pension funds
We may update our corporate pension funds from time to time. You'll find information on the latest changes below.
13 December 2017 Fund Closures
We’ve reviewed our fund range, and have identified funds that don’t offer value for money for the higher charges members pay. As a result, we’re closing the following funds on 13 December 2017 and proposing an alternative selection for members.
In line with our terms and conditions the selected replacement fund is the one that's most similar to the fund being closed. The alternative fund has lower charges.
Closing and Alternative Funds
This is an update to your fund guide and applies from 13 December 2017:
|Closing Fund||Alternative Fund|
|Prudential AXA Rosenberg Global Equity Alpha Fund||Prudential Schroder QEP Global Core Fund|
|Prudential BlackRock Ascent Japanese Equity Fund||Prudential Japan Equity Passive Fund|
|Prudential BlackRock Ascent US Equity Fund||Prudential North America Equity Passive Fund|
|Prudential Newton Global Equity Fund||Prudential Schroder QEP Global Core Fund|
|Prudential Standard Life Global Absolute Return Strategies Fund||Prudential Baillie Gifford Diversified Growth Fund|
The replacement fund will be added to the scheme if not already available.