Can fund groups rise to meet pensions challenge?

Can fund groups rise to challenge?

Asset managers have faced a number of challenges since Chancellor George Osborne's shock announcement in the 2014 Budget of a radical shake-up of the pensions system.

First, they had to ensure their product ranges were fit for purpose following the introduction of the new regime and second, they had to find a way of raising their heads above the parapet and differentiating themselves from the plethora of rival offerings. So have they met these tests as the 6 April deadline passes? Undoubtedly, most groups have realised the potential to attract new clients seeking to take advantage of pension freedoms, and there have been a number of launches or relaunches of existing products, including multi-asset income and target-dated offerings.  Although it is...