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R&SA launches &#39Stakeholder Tracker&#39 fund

Royal & SunAlliance is adding a FTSE All Share Tracker Pension Fund to it range of funds.


The fund will passively track the FTSE All Share using a computer model which enable the costs of the fund to be kept to a minimum.


Dealing only occurs when there are changes to the Index or when units are created or liquidated this further assists in keeping the funds cost low.


RSA&#39s pensions marketing manager Mark Birks says: &#34The imminent arrival of stakeholder pensions is putting an increasing emphasis on low fund management charges. The increasing use of tracker funds is a prime example of this.&#34

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