Closure of My Future Advantage · My Future Advantage Questions and answers for customers . Aviva:...

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Aviva: Internal 1. What is happening? 2. My Future Advantage: more detail 3. What is changing? 4. Why are these changes being made? 5. Do I need to do anything? 6. When will these changes take place? 7. Who will manage the funds? 8. How will My Future Focus invest responsibly? Closure of My Future Advantage Questions and answers for customers

Transcript of Closure of My Future Advantage · My Future Advantage Questions and answers for customers . Aviva:...

Page 1: Closure of My Future Advantage · My Future Advantage Questions and answers for customers . Aviva: Internal 9. Will there be any increase in charges? 10. Is there any cost to me as

Aviva: Internal

1. What is happening?

2. My Future Advantage: more detail

3. What is changing?

4. Why are these changes being made?

5. Do I need to do anything?

6. When will these changes take place?

7. Who will manage the funds?

8. How will My Future Focus invest

responsibly?

Closure of My Future Advantage Questions and answers for customers

Page 2: Closure of My Future Advantage · My Future Advantage Questions and answers for customers . Aviva: Internal 9. Will there be any increase in charges? 10. Is there any cost to me as

Aviva: Internal

9. Will there be any increase in charges?

10. Is there any cost to me as a result of these changes?

11. Where can I find more information?

12. What are the funds within My Future Advantage?

Page 3: Closure of My Future Advantage · My Future Advantage Questions and answers for customers . Aviva: Internal 9. Will there be any increase in charges? 10. Is there any cost to me as

Aviva: Internal

13. How will the funds change under My Future Focus ‘universal strategy’?

Current fund name and risk

details Current fund objective

Name: My Future Focus

Growth Fund

Risk rating: 4

Risk warnings: A, B, C, E, F

This fund aims to provide long term growth, through exposure to a range of asset classes that can

include, but are not limited to, equities, fixed interest, cash, and property. It may also use

derivatives for investment purposes. The fund targets volatility of 75% of Global Equities (as

measured on a rolling 5-year basis).

My Future Focus

Consolidation

Fund

A, B, C, E, F

This fund aims to provide growth with a reduced level of risk, through exposure to a range of asset

classes that can include, but are not limited to, equities, fixed interest, cash, and property. It may

also use derivatives for investment purposes. The funds targets volatility of 25% of Global Equities

(as measured on a rolling 5-year basis).

14.How are the funds managed under My Future Focus?

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15. What are the glide path changes?

My Future Advantage investment glide path

My Future Focus “universal strategy” investment glide path

Page 5: Closure of My Future Advantage · My Future Advantage Questions and answers for customers . Aviva: Internal 9. Will there be any increase in charges? 10. Is there any cost to me as

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What do the risk ratings mean?

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Aviva: Internal

Aviva Life & Pensions UK Limited. Registered in England No. 3253947. Registered Office: Wellington Row, York YO90 1WR. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Member of the Association of British Insurers. Firm Reference Number 185896. SP99852 1219