Royal London Asset Management has unveiled an Enhanced Cash Plus fund to complement its £1bn Cash Plus fund. The new fund, which launches today, has a similar investment approach to the existing Cash Plus fund, aiming to preserve capital while providing income and capital growth in excess of money market rates, but with the potential […]
Nobody wants another misselling scandal. So clearly, it is paramount that pension freedoms work alongside adequate consumer protection. The Government and the FCA have arguably done their best to put this in place in the tight timescale they had. We have the requirement that people wanting to transfer from defined benefit to defined contribution schemes […]
Figures were boosted elsewhere in the business, particularly with a 17 per cent increase in assets at LGIM.
Standard annuity rates have fallen to their lowest levels since November 2012, with the pace of decline increasing since the turn of the year, according to data published by Moneyfacts. The rate payable for an average single-life standard annuity for a 65 year old with a £10,000 pot has fallen by 5.9 per cent in […]
Retirement Advantage has added seven Canada Life Investment funds to its hybrid drawdown product, The Retirement Account. Five of the active funds are risk targeted while two are risk managed, with fund charges (OCF) ranging from 0.31% to 0.61%. The move is the most visible sign to date of the growing integration of the two […]
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