Santander Deposit Fund

Following a recent review of the funds offered by the Scheme, the Trustee have decided to remove the Santander Deposit Fund, and replace it with the Standard Life Managed Cash Deposit Fund.  The new fund has been carefully selected to give comparable returns while improving the financal protection for investors and providing a more diversified approach.

Members who are invested in the Santander Deposit Fund have been contacted and informed that their investments [both existing and future contributions] will be automatically switched to the Standard Life Managed Cash Deposit Fund from 1 May 2012.

Frequent questions

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