LF Woodford Equity Income fund suspension update September 2019

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As at 24 September 2019, following an update from the fund manager, the LF Woodford Equity Income fund remains suspended across our Aegon Retirement Choices (ARC) and Aegon Platforms.

For more information on how the suspension affects existing investors please see our LF Woodford Equity Income fund suspends trading update

More from the fund manager

We remain in close contact with both Link Fund Solutions (LFS), the fund’s Authorised Corporate Director (ACD) and Woodford Investment Management Ltd, the fund manager.

On Monday 23 September 2019, LFS gave us the following update:

‘We continue to monitor progress of the repositioning of the Fund’s portfolio against the December timeline (Woodford anticipate that the suspension of dealing is likely to last until early December), and have decided that it remains in the interests of all investors for the suspension of dealings to continue. This has been agreed with the Depositary and we have informed the Financial Conduct Authority accordingly.’ 

For more information you can view the previous Woodford update from August.

Find out more

We recognise that this remains a concern for you so if you have any questions regarding how the above affects your portfolio, you should contact your financial adviser in the first instance.

Alternatively, for Aegon Retirement Choices (ARC) investors please contact us at clientservices@aegon-arc.co.uk or call us on 0345 680 1234.

For Aegon Platform investors, please contact us at aegoncofundsadministration@aegon.co.uk or call us on 0345 604 4001.

Please be aware that we do not offer investment advice.

If you have any questions regarding the content of the above, you can also contact Woodford Investment Management Ltd directly on 0333 300 0381 (office hours are 9am to 5pm, Monday to Friday).