Standard Life and Fidelity unveil smoothed fund for advice sector

The Standard Life Smoothed Return Pension Fund is aimed at advised investors who are looking to grow their pension investment while providing some protection from the "uncertainty of investing". The fund is being brought to market by Standard Life who will provide the fund structure, smoothing, valuation, and supporting capital, and will set and oversee the asset allocation. Meanwhile, the underlying assets will be managed by Fidelity's asset management business and the fund will be available through Fidelity Adviser Solutions, an investment and retirement services platform for financ...