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Civil Service Additional Voluntary Contribution Scheme (CSAVCS): dates of closure of Equitable Life funds

Equitable Life is reducing the number of unit-linked funds it offers, by closing some funds and transferring assets to alternative funds (which Equitable Life consider the closest match). It is also increasing the charges on most of the funds that will remain open, to more accurately reflect the cost of running these funds.

MyCSP have written to CSAVCS members who have funds with Equitable Life to inform them of the expected dates of closure and the funds that assets are being transferred to. MyCSP’s letter explains what action members should take. As dates get confirmed, details will be posted here.