Future-proofing: How asset managers are meeting the pensions challenge

How asset managers are meeting the pensions challenge

Chancellor George Osborne's major shake-up of pensions, announced in last year's Budget, came as a major shock to the financial services industry.

The reforms, which have come into force this week, will give retirees far greater flexibility on how they use their pension pots. They have been seen as a huge opportunity for asset managers, many of whom have already acted quickly to get their fund ranges ready to meet the demand from retirees. Since the Budget announcement, there have been a number of multi-asset income fund launches, while some fund groups have moved quickly to revamp existing strategies. Here, Investment Week rounds-up of some of the key product launches as of the start of 2015. Threadneedle Investments O...