LGIM launches flexi drawdown solution to plug post-Budget product gap

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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 (...

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