COVID-19 – The Impact On Your Savings
We recognise that some of you may have questions about your savings and investments with us following the outbreak of COVID-19. We’re working to provide you with upfront and transparent information to help answer some of the questions you might have about your investments with us. If you still have a question and we haven’t been able to give you the information you are looking for, please get in touch and we’ll be happy to speak to you in person.
What does COVID-19 mean for my investments?
At Kingston Unity, we deliver long-term savings and investment solutions for our Members. When we say long-term, we’re talking five years as a minimum, usually longer. When we invest the Society’s With Profits fund, we are seeking a low to medium risk investment with the aim of achieving a return over the long term. We achieve this by investing in a range of different assets, including equities, property, Bonds, Gilts and cash.
It is these fluctuations in market activity that our With Profits fund has been designed to weather and we are very confident that we will remain robust and in good shape throughout these uncharted waters. Many of our products also offer guarantees on your initial investments.
Some answers for you
Below, we’ve tried to answer some of the questions you might have including the impact on future bonuses, your investment protection and payment holidays. If you can’t find the information you need, please get in touch and we’ll be happy to help.
Don't keep your concerns to yourself
With everything going on at the moment, it's understandable that you might have some concerns about your savings with us. We are here to help. Our Business Services team are here to chat to you about any issues that you may have and provide you with any further information that you might need.