L&G expands retirement range with Real Income Builder launch

Targeting DC savers

Laura Dew
clock • 1 min read

L&G has launched a long-only Real Income Builder fund designed to meet the needs of the retirement market.

The fund will invest in large-cap equities and investment grade fixed income and is designed for savers in defined contribution schemes, as well as pension and long-term investors.  It aims to generate an income from dividends and interest that grows by inflation plus 4% per annum over three year rolling periods. It also aims to grow total returns in line with income and have a medium capital risk, having two thirds of equity market exposure in a market downturn. Pension freedoms: £47bn paid out in first six months Managed by head of active equity Lance Phillips (pictured) and h...

To continue reading this article...

Join Investment Week for free

  • 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


More on Retirement Income

For the sake of future generations pensions must be invested correctly

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

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

Partner Insight: How are low interest rates impacting homeowners, savers and retirees?

If last year, the biggest concern was rising interest rates, today interest rates are at their lowest level in history and the government is doing all it can to get the UK economy through the crisis. This means the outlook for inflation and interest rates has changed drastically from this time last year.

Sponsored by Architas
clock 27 October 2020 • 2 min read