Investec Asset Management and Vanguard have joined forces with health and life insurer Vitality to launch two fund ranges for UK advisers, marking Vitality's entrance to the long-term savings market.
The proposition sets out to reward healthy lifestyle choices and long-term investing. Vitality launched its long-term savings and investment arm -VitalityInvest - yesterday, saying it would be fully operational by 25 June. The new business is set to launch three Vitality-owned products; a stocks and shares ISA; a junior ISA and a retirement plan. VitalityInvest will offer two fund ranges, a range of active funds and a range of multi-asset passive risk-targeted funds, allowing customers to prioritise income or growth at different levels of risk. Investec AM gets new CEOs as He...
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