BlackRock launches trio of target-date funds

Anna Fedorova
clock

BlackRock is launching a new range of three target-date funds ahead of pension freedom reforms coming into effect on 6 April.

The group plans to launch three new funds - LifePath Retirement, LifePath Capital and LifePath Flexi funds - to replace its previous target-date offering. The three funds will cater to each of the options investors will have at retirement according to the new rules. The Retirement fund will be for those planning to buy an annuity at retirement; the Capital fund will be for investors planning to take their DC fund as a cash lump sum; and the LifePath Flexi will cater to those planning to leave their DC fund invested and draw down income.. The three funds will all invest in the same...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Retirement Income

Steven Levin of Quilter Investors

For the sake of future generations pensions must be invested correctly

Important wealth managers and financial advisers talk to clients

Steven Levin
clock 27 January 2022 • 4 min read
DFMs 'constrained' by platform functionality

NextWealth: DFMs missing out on decumulation assets

'Constrained by platform functionality'

clock 04 January 2022 • 2 min read
Partner Insight: Have you reassessed your clients' risk appetite well enough in 2021?

Partner Insight: Have you reassessed your clients' risk appetite well enough in 2021?

Canada Life’s retirement solutions director, Nick Flynn, on the opportunity to reassess the solutions on offer to clients today

Hardeep Tawakley
clock 21 July 2021 • 2 min read
Trustpilot