We would like to make you aware of a change to one of the funds available to KPS-MP members which impacts most members including those invested in the default option.

The Trustee has been reviewing the investment options available and has decided to change the underlying funds that make up the Passive Global Equity (inc UK) Fund. The Passive Global Equity (inc UK) Fund is a fund in its own right and also makes up one of the funds in the default option and the other lifestyle options.

Do I need to do anything?

If you are happy to remain invested in your current investments then you do not need to do anything. However, if you would like to review and change your investment options you may do so by logging into your Zurich Member Account or alternatively contact Zurich on 0800 500 3144.

There will be a period where you will be unable to carry out any changes whilst the transition takes place, this is known as the ‘black-out period’. This period will commence on 11 November 2014 and end on 20 November 2014. As soon as the black-out period is finished you will be able to change your investments as and when you wish.

If you have any questions or concerns please do not hesitate to contact the Kingfisher Group Pensions Team