Following the addition of the HWAM Sustainable Funds to the Scheme’s investment options at the end of last year, you are already aware that it is the Trustee’s intention to remove the HWAM Core Funds from the Scheme’s investment options, and these are already unavailable to new investors.

Members who already had money invested in the Core Funds have been told that they will need to change their investments before these funds are fully removed from the Scheme.

It was previously intended that these funds be removed from the end of Q2 2024, however, the Trustees wish to give members invested in these funds more time to make their decisions (particularly given the long blackout period and the unavailability of the HWAM Sustainable Funds at the start of the year) and so they will be reviewing the position at the end of the year, and will let you know the final date of removal at that time.