News Publication date October 26, 2020
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 and below is the latest position.
Ex-Reliance Life policyholders
With effect from 1st October 2020 the underlying Schroders Property Fund was unsuspended and we are now able to process withdrawals, switches and other transactions for policyholders invested in the ex-Reliance Life Property Funds.
Ex-Equitable Life policyholders
Aberdeen Standard Investments have announced their intention to lift the suspension on their Property Funds from Monday 16th November. We expect to open the ex-Equitable Life Property Fund as soon as possible after that date. We will provide an update on the website to confirm when the suspension has been lifted and we will be in contact with any policyholders who requested to make a transaction during the suspension.
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