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Name Default alternative fund Fund Range Effective Date
M&G fund closures Old Mutual Wealth Limited and Old Mutual Wealth Life & Pensions Limited 06 Dec 2018
Exclamation
Please note: M&G European Strategic Value and M&G Global Corporate Bond will be closed to new business, switches in and top ups with effect from Thursday 22 November 2018. OMWL clients will receive the price of Cash Deposit as at Thursday 6 December 2018. OMWLP clients will receive the price of BlackRock Cash as at Friday 7 December 2018. We are writing to clients requesting an alternative fund choice prior to the closure date. If no fund choice is received before Tuesday 4 December 2018 clients will be switched as follows: OMWL: Cash Deposit and OMWLP: BlackRock Cash.