Aegon set to close Property Income Fund

Aegon Asset Management plans to close its Aegon Property Income Fund and Property Income Feeder Funds due to continuing pandemic uncertainty.

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FCA move could alter investor view of property funds

The proposed six month notice period on property fund withdrawals could force investors into a longer term view of property funds. However, one Financial Planner warned of the potential inheritance tax implications

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Investors face 6 months' notice on property fund withdrawals

The Financial Conduct Authority may require property fund investors to give 180 days notice of withdrawal in future.

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Four property funds suspended by managers

Three property funds have been suspended from dealing due to ‘turbulent’ market conditions and another remains suspended from last year.

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