Zurich has launched an auto-enrolment default investment fund in conjunction with Schroders after the recent launch of its own defined contribution master trust.
The Zurich Dynamic Lifestyle Portfolio will consist of a mixed investment and a DC pre-retirement fund, managed by Schroders, with a deposit and treasury fund managed by Threadneedle. The insurer said the fund will have a "growth engine" made up of equities and a "downside risk management process" which will take effect in volatile market conditions. Zurich UK Life head of corporate propositions Dave Lowe (pictured) said auto-enrolment made it an ideal time to review the company's default option. He added: "We have listened to what our customers want and have designed our new defau...
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