Clerical Medical is looking at the addition of more cautious funds to its investment range to attract post A-Day pension savers.
In February, the firm established links with Fidelity and Invesco Perpetual as well as extending the funds offered through Newton, Schroders and UBS.
Added to offerings from in-house manager Insight, the firm has links to 70 vehicles.
This gives investors a choice of at least two funds in all key sectors and access to many of the well-known retail names such as Anthony Bolton's Special Situations, Schroder UK Mid-250 and Invesco Perpetual Corporate Bond.
Around 19 fit into what the firm classes as low-risk products and it is this area, such as fixed income and UK funds, where the firm is most likely to expand its range. UBS's Absolute Return Bond fund, is one possible future addition.
Bruce Sawyer, head of specialist services at the group, is keen to seek out links to natural resources and property products, although he acknowledges demand for these could be a matter of fashion and that even with 70 funds most assets go into 10 to 15 core funds.
Among other options currently being considered is the facility to allow investment in residential property, which will be possible after April next year.
In the meantime, the group has been adding its full range of links to legacy products and working on its online services to advisers.
For instance it has brought its investment planning tools together on one system called Workbench. This produces modelling tools, real-time market information, regularly updated product and fund information and details of support services such as technical assistance.
It also provides links to dedicated fund manager microsites. Each of these has information on the range of funds linked to Clerical Medical, including underlying performance, news and investment commentary. Marketing materials such as sales aids, presentations and factsheets are also downloadable.
‘Most significant’ upgrade since launch
Changes happening over coming months
Had accepted British Steel business
Aimed at HNW clients and family groups
Set for 1 April 2019