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L&G adds 20 new pension investment funds to range

Legal & General has added 20 new pension investment funds bringing the total choice to 59 funds.

The new funds, including 18 external funds and 2 internal funds – the L&G investment management and global equity fixed weights 50:50 fund.

They will all be available to personal pension, group personal pension and self invested pension plan customers.

The 18 external funds will be offered from Allianz PIMCO, Investec, New Star, Newton and Schroder.

L&G managing director, corporate wealth Tony Filbin says: “We continually review our pension product range to ensure we are delivering a competitive proposition to all sectors of the market, whether advised or non-advised sales.

“These changes demonstrate our commitment to this increasingly important market, in which the need to provide greater investment choice is a core requirement. The range of funds has been specially chosen to meet the risk profiles and investment aims of our personal pension customers.”

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