Lower volatility strategies unlikely to achieve significantly better downside protection
It is designed to help small and medium sized schemes set their pensions strategy
The deal marks Cushon’s third master trust acquisition in two years
Societe Generale plans to move its in-house trust-based scheme to the Aegon Master Trust
The report looked at the growth, consolidation and pre-retirement stages of saving
Research found one in eight early adopters have looked to review their master trust provider
Willis Towers Watson’s master trust says ‘vast majority’ of its £10bn AUM will be covered
The value destruction of a savers’ pension at the point of retirement is “huge” and personalised guidance is vital to prevent members knocking out years of savings, according to industry experts.
Legal & General saw flat movements in operating profit over the course of 2020, and a fall in profit after tax, although its retirement and investment management businesses grew.
Aviva secured record net flows of £8.5bn into its saving and retirement products in 2020, while bundled workplace assets under management grew by 14% to £81bn, its annual results reveal.