Legal and General Investment Management (LGIM) has launched a multi-asset flexible drawdown product in a bid to help fill the void created by the Budget freedoms.
The retirement income multi-asset fund targets a return of the Bank of England base rate plus 3.5% over a full market cycle - typically between five and seven years. Fund manager Martin Dietz said...
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress