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ScotLife adds 16 links for Solutions

Scottish Life is adding 16 fund links to its Retirement Solutions pension range, including four manager of manager funds from Escher.

The funds bring new asset classes and geographical sectors, tracker funds and three new investment managers, SG Asset Management, Barclays Global Investors and Escher.

The links include Royal London&#39s corporate bond fund, global equity, Japan and Far East funds, all with annual charges of 1 per cent. Fidelity has added its special situations fund with a 1.95 per cent AMC.

Other new funds available are BGI&#39s consensus fund and global equity fund, both with 1 per cent AMC, its UK equity index fund with a 1.05 per cent AMC and the US equity index and European equity index tracker funds, with AMCs of 1.15 per cent.

SG&#39s global managed and stockmarket managed funds are also available with AMCs of 1.25 per cent.

There are four manager of manager funds from Escher, including two UK equity funds benchmarked against the FTSE All-Share and two global equity funds benchmarked against the World index.

Two of the Escher funds, UK and global, are managed on a less aggressive basis and are balanced between active and passive management with an AMC of 1.35 per cent.

The more aggressive UK and global funds invest 50 per cent in value stocks and 50 per cent in growth stocks and have AMCs of 1.6 and 1.65 per cent respectively.

Product marketing manager Andy Caterer says: “It is our job to make sure we offer advisers the best possible range of options. We have spoken to a large number of advisers to ensure we provide the funds they want.”


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