UK - Legal & General Investment Management is unveiling a fully bundled defined contribution option for corporate clients.
LGIM’s corporate business division is, for the first time, allowing corporate pension customers access to its range of daily dealt single priced index tracking funds. LGIM says more than 700 of its trustee customers operate unbundled DC schemes but many are now looking to a bundled approach.
Corporate business division director Diane Buckley said: “This is a welcome development for many of our customers because of the consistent long-term performance and lower risk characteristics of the funds on offer.”
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