Friends Provident International (FPI) has added three further funds to its German pension product.
Policyholders of the Friends Plan, a fund-linked pension insurance plan, will be able to access three DJE Managed Depot funds from DJE Kapital AG, in addition to the 160 funds currently available. The core investment is an umbrella fund with growth, income and risk options. To broaden diversification and distribute the risk, further target funds are incorporated into each strategy. DJE Managed Depot funds follow the capital market guarantee model, safeguarding total premiums paid. This operates in a similar way to variable annuities in the US, where policyholders have the option of secu...
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