News Publication date October 26, 2020

New update about the Property fund suspension

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.

If you would like further information, do visit our unit-linked website or email us on enquiries@utmost.co.uk in first instance. Alternatively Contact Us.

We will add some frequently asked questions shortly.

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