ABN AMRO's capital protected lifecycle funds (CPLFs) are now available on six new platforms, following a successful UK market launch.
The funds can be accessed on Standard Life, Norwich Union LifeTime, Nucleus, Abbey/James Hay, Scottish Life and Transact. The six CPLFs invest in a multi-asset combination of equity, fixed income and cash, with maturity dates from 2010 to 2035. ABN AMRO UK insurance director John Townley says the funds delivered strong returns in the past year. “Someone who invested in the 2035 CPLF one year ago has seen their investment grow by 13.6% and this return is now locked-in and guaranteed to be paid out on maturity,” he says. “It is this combination of return and security along with the flexib...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes