Investment market volatility and Coronavirus

What impact does Coronavirus have on my pension or investment policy?

The news that Coronavirus is spreading across more and more countries globally has led to concerns that the world economy might be adversely impacted. This has caused some significant falls in stockmarkets across the world, which can impact the value of your pension or investment if they are linked to these markets.

Aside from the volatility seen so far, the longer-term impact of the virus for financial markets is difficult to predict.

We’d like to remind you that your policy offers a range of different funds you can invest in and you can track the performance of your funds regularly by logging into your account. You can also contact us using the telephone number on your most recent statement.

We recommend you take financial advice before making any decision relating to your particular investments with us.

Find answers to your questions about your pension

Many people are feeling concerned about the possible financial effects of the spread of the COVID-19 virus. Below, we’ve provided answers to some questions which you may have about your pension.

You’ll be aware how quickly events are moving, so do remember that our answers are based on guidelines and legislation which might change at short notice as the government’s response to the pandemic continues to evolve.

You can read these here: Your pension: some frequently asked questions