In our notification on the website on 20 March 2020 informing policyholders of the suspension of the Utmost Property Funds, we confirmed that we would update you when this situation changed.
Utmost International H1 2020 Results; Announcement of Group Reorganisation; Update on Acquisition and Operational Activity
For Heritage Equitable Life customers the Utmost Property Life and Pension fund invests in the Aberdeen Property Fund. Aberdeen Standard Investments (ASI) have suspended dealing in their range of Property Funds until further notice.
Recently we have seen some volatile markets which have impacted the values of the investments held by the unit-linked funds. Uncertainties over global events such as the Coronavirus can cause markets to behave in a more volatile manner.
