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Scottish Widows

Property funds stop transfers

by Martin Vaughan on 12 May 2008

This from Money Marketing:
Advisers are outraged by the news that Scottish Widows and Axa do not allow the partial transfer or surrender of pensions if a client has any money invested in restricted commercial property funds.  Earlier this year, providers including Axa and Scottish Widows, imposed withdrawal restrictions on their commercial property funds and these [...]

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