Future-proofing: How asset managers are meeting the pensions challenge

How asset managers are meeting the pensions challenge

Laura Dew
clock

Chancellor George Osborne's major shake-up of pensions, announced in last year's Budget, came as a major shock to the financial services industry.

The reforms, which will be implemented in April this year, will give retirees far greater flexibility on how they use their pension pots. They present a huge opportunity for asset managers, many of whom have already acted quickly to get their fund ranges ready to meet the demand from retirees. Since the Budget announcement, there have been a number of multi-asset income fund launches, while some fund groups have moved quickly to revamp existing strategies. Here is a round up of some of the key product launches so far...

To continue reading this article...

Join Professional Adviser for free

  • 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 Income

How annuity underwriting needs to change to meet Consumer Duty

How annuity underwriting needs to change to meet Consumer Duty

'This is an industry systematically delivering poor outcomes'

Andrew Gething
clock 24 June 2025 • 4 min read
Annuities in a post-freedoms world: The need for rebranding and repositioning

Annuities in a post-freedoms world: The need for rebranding and repositioning

‘The challenges facing today’s retirees are intensifying’

Steve Butler
clock 22 May 2025 • 4 min read
Legal & General goes digital for annuity applications

Legal & General goes digital for annuity applications

Applications could take 14 fewer days to process

Jenna Brown
clock 01 April 2025 • 1 min read