Friends Life mulls multi-asset offering for platform launch

clock

Friends Life may offer multi-asset funds when it launches its retail platform in April next year, its chief executive has confirmed.

The life company yesterday announced an April 2015 launch date for the platform, which will offer customers ISA and investment accounts alongside flexible drawdown income products. The platform will be open architecture. The development of the platform comes after the government released details of wide-ranging pension reforms, designed to broaden the options available to pensioners other than annuities. Friends Life UK interim chief executive Andy Curran said the firm is in the process of understanding what the client needs, and is considering multi-asset or multi-manager style funds...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Dynamic Planner now includes Scottish Widows Platform 

Dynamic Planner now includes Scottish Widows Platform 

Comes ahead of the closure of Advance by Embark Platform

Jenna Brown
clock 19 September 2023 • 1 min read
Scottish Widows speeds up client experience with platform upgrade

Scottish Widows speeds up client experience with platform upgrade

Adviser platform upgrade allows advisers to use real-time data

Sahar Nazir
clock 14 September 2023 • 1 min read
How advisers can use higher interest rates to offset platform charges

How advisers can use higher interest rates to offset platform charges

Reducing 'fee drag' on client's portfolio performance

James Priday
clock 18 August 2023 • 3 min read