Standard Life will embed sustainable multi-asset strategies into its default fund portfolios as part of a plan to target better retirement outcomes.
The provider, part of Phoenix Group, is making a series of changes to its Active Plus and Passive Plus default propositions which target enhanced returns over the long term. This will include adjusting the risks the portfolios take earlier and then optimising the glidepath appropriately to manage that risk overtime. For example, the typical asset allocation will move from a 49.4% allocation to growth assets to a 79% allocation. Defensive assets will drop from 32.1% to 9.6%. The risk adjustments will be achieved through increased exposure to equities, while also adopting an enhanced...
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.