View more on these topics

AllianceBernstein launches ‘lifetime’ pension strategy

AllianceBernstein has combined its defined contribution default ‘target date fund’ investment strategy with Retirement Bridge, its new low-cost drawdown offering available from the age of 55.

The launch is aimed at the vast majority of pension scheme savers who do not make an active choice about how their assets are invested during their career, or how their savings are used in retirement.

AllianceBernstein pensions strategy group managing director Tim Banks says: “Our extensive market research shows that around three-quarters of 55 to 64-year-olds have not decided what to do with their pension pot.

“We believe that providing a default solution that keeps them investing during this important time in their life, while also offering full flexibility to change their mind, best meets the modern working environment.”

BlueSky Pensions is set to be first provider to offer members AllianceBernstein’s integrated default strategy.

Bluesky chief executive Paul Bannister says: “This strategy gives our members the time they need to make decisions for their retirement, while maintaining the right to change their mind at any time.”


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm