RLAM CEO: 'In a few years' time, there will be no institutional investor, it will all be retail'

Royal London Asset Management CEO, Andrew Carter, tells Hardeep Tawakley how the group is 'reinventing itself' to broaden its appeal to retail investors and capitalise on new pensions freedoms.

With the largest mutual life and pensions group in the UK as its parent, it is little wonder Royal London Asset Management (RLAM) has historically had a greater focus on the institutional market. But the recent revolution in retirement rules means change is on the horizon for the investment manager, according to CEO Andrew Carter. "New pension freedoms are leading to a huge wave in retail investing and the institutional side will decline," he says. "The freedoms provide investors with a huge opportunity because they can look at investing in a whole array of funds, instead of buying...