As we told you when we wrote to you, the Financial Conduct Authority (FCA) asked all UK Fund Managers to carry out an annual review of the funds they manage to assess the overall value delivered to customers. The 2019 report was our first assessment and was published in September 2020. The changes we’re making and how they affect your investment are covered in the letter and booklet we sent you.
You can find more detail here on the background to change as well as the future Key Investor Information documents (KIIDs) which reflect the changes we’re making to funds. These KIIDs will be on our main website from 21st June and will replace those currently at www.scottishwidows.co.uk/kiids.