Professional Adviser's investment detective Matt Morris delivers his verdict on developments in the investment and pensions arenas that have caught his eye over the last month
Before Sunset In response to the pension reforms allowing people to stay invested rather than buy an annuity at retirement, Standard Life is changing the investment strategy of its default pension fund. This will affect more than a million existing customers. Information will be sent to all Standard Life customers who are invested in older lifestyle profiles that were created pre-auto enrolment and pensions reform and will detail the changes being made to the asset allocation of their default funds. The SL Annuity Purchase fund will go from being 100% invested in bonds to an actively mana...
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