The advent of pensions freedom and auto-enrolment means it is time for advisers to rethink traditional retirement investment strategies and look toward "cradle to grave" investing, according to Birthstar.
Head of research Henry Cobbe predicts a rise lifecycle investing through target date funds, currently popular in the US, among retail investors as they are "easier to use and simpler to understand" than current investment strategies. He said investment strategies must move to become "outcome orientated" to better serve savers. "Advisers have a key role to play," he added. The firm has launched series of CPD papers for advisers focused on target date fund education. The second in the series, Lifecycle investing with target date funds, will be released this week. The paper outline...
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