Pensions: LGIM flexible funds

Pensions: LGIM flexible funds

Legal & General Investment Management has launched a range of target-dated funds to help DC scheme members and their advisers navigate the new pensions landscape and achieve better outcomes.

The Pathway Fund Range has been designed for both pre-retirement and in-retirement investment to offer flexibility and choice.

Managed by LGIM’s solutions group, the asset allocation for each fund will be reviewed regularly to reflect demographic changes, market trends and regulatory developments.

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Key Features

• Each fund has a range of target dates to allow members to choose a fund that aligns with their retirement plans

• Each fund offers a choice of three ‘journey plans’, with the objective of covering a variety of retirement objectives

• Risk management and investment diversification are key parts of the funds’ strategy for the duration of the investment

Adviser View

Sebastian van Mook, financial adviser at Shropshire-based Abacus Associates, said: “This fund range could be the right tool for the right person, for those with a reasonable understanding of what they are looking for.

“It could also suit those who are aware of the potential pitfalls of making the wrong choices, but in the main, people do not have that level of understanding and they should seek guidance and advice.”