Legal & General and Nationwide Building Society Strategic Distribution Agreement
On Friday 1 February 2008 Nationwide Building Society transferred the ownership of its subsidiaries Nationwide Life and Nationwide Unit Trust Managers to Legal & General Assurance Society Ltd. They then became subsidiaries of Legal & General PLC. From this date Legal & General took over responsibility for Nationwide Life protection plans and Nationwide Unit Trust Managers investment plans.
The Investment fund names have changed (see table below) but there are no changes to investment fund managers.
| Nationwide High Income Fund | L&G (N) High Income Trust |
| Nationwide Target Return Fund | L&G (N) Target Return Trust |
| Nationwide Balanced Fund | L&G (N) Balanced Trust |
| Nationwide Tracker Fund | L&G (N) Tracker Trust |
| Nationwide UK Growth Fund | L&G (N) UK Growth Trust |
The name of the three pension funds have also changed:
| Nationwide Tracker Pension Fund | L&G (N) Tracker Pension Fund |
| Nationwide Corporate Bond Pension Fund | L&G (N) Corporate Bond Pension Fund |
| Nationwide Cash Pension Fund | L&G (N) Cash Pension Fund |
There have also been changes of names to the underlying investments:
| Nationwide Tracker Fund | L&G (N) Tracker Trust |
| Nationwide High Income Fund | L&G (N) High Income Trust |
| Gartmore Cash Fund | Gartmore Cash Fund (no change) |
View the Unit Trust Managers Stakeholder fund prices
If you have any queries or concerns over the transfer please call 0845 603 9441, lines are open from 9am to 5pm Monday to Friday. Call charges will vary. We may record and monitor calls.
