Changes in Mandatum Life’s investment solutions offering
We would like to inform you in advance regarding changes in the list of offered investment solutions since 1st of January 2018. Changes are related only with Danske Invest funds and LHV fund, which you might have now in your contract accumulated capital or investment plan.
Starting from next year Mandatum Life will not be able to accept your orders for funds mentioned above in the new investment plan for prospective payments or during capital reallocation process in purchase part. Despite of the changes, all reallocations and the changes for other available Mandatum Life investment solutions will be processed as it is now.
The decision to apply restrictions is related to legal reasons and new requirements from EU. The law states the additional need of extra documents produced in local language which cannot be provided by Mandatum Life as Mandatum Life is not handling the above mentioned solutions itself. The EU Regulation called Packaged Retail and Insurance-Based Investment Products (EU 1286/2014) (“PRIIPs”) imposes new pre-contractual disclosure requirements for the benefit of retail investors when they are considering the purchase of packaged retail investment products or insurance based products.
Please be aware, that Mandatum Life will not take any actions with funds, which you have now in current valid investment plan or accumulated capital.
In case of questions, please contact your advisor, Phone (85) 210 93 90 or firstname.lastname@example.org