UK - Gartmore Investment Management is targeting the DC market after opening its flagship retail fund, the Cautious Managed Fund, to institutional investors.
The fund – run by head of equity income Chris Burvill – invests in a mixture of UK equities, gilts and investment grade corporate bonds, and has returned 10.5% since its launch on January 31.
Gartmore head of pooled client service Steve Nimmo said the fund – which is 60% invested in equities – would appeal to DC investors who wanted the potential outperformance offered by the stock market without having to make asset allocation decisions.
PP has compiled a list of what to watch out for over the coming months.
The Pensions Regulator (TPR) spent just under £60,000 on a rebrand, including the design of a new logo and implementation of a refreshed colour scheme, Professional Pensions can reveal.
In this week's Pensions Buzz, we want to know whether or not you believe default decumulation pathways are a good way to tackle members' confusion at retirement.
The increase in minimum auto-enrolment (AE) contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.