Fidelity has launched a range of default lifestyle funds that combine active asset allocation with passive investment instruments.
The firm said the FutureWise Allocator option – which invests across equities, bonds, commodities, listed property equities and cash – would have fees that were on average 25% lower than its actively managed...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point