Standard Life workplace pensions AUM exceeds £150bn
By IAN Editorial Desk Standard Life today said assets in its workplace pensions business have passed £150bn, supported by a series of product and investment...
Standard Life today said assets in its workplace pensions business have passed £150bn, supported by a series of product and investment strategy initiatives across its Pensions & Savings franchise.
Pensions & Savings, which Standard Life describes as a strategic focus within Phoenix Group, manages around £190bn of customers’ savings across three key trading channels.
As part of its workplace strategy, Standard Life is preparing to launch Future Opportunities, a new alternative pension default fund underpinned by an allocation to private assets. The Future Opportunities default fund will be available to workplace employers and scheme members. Gail Izat, managing director of workplace at Standard Life, is responsible for the workplace channel.
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