Scottish Life is to switch the underlying investment of its UK Equity Core Plus Pension fund to Cazenove UK Growth & Income.
The fund is currently invested in JP Morgan Premier Equity Growth, but this will change from 7 May 2010. Scottish Life says the decision is part of its commitment to effective investment governance. Nick Leitch, head of investment marketing at Scottish Life, says the Cazenove fund is better suited to delivering a consistent performance in changing market conditions. The change in underlying investment will be seamless for policyholders, and Scottish Life says it has a proactive communications campaign in place to keep advisers and policyholders informed. Leitch says: "We take a ...
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