LGIM launches Pathway target-date funds into DC market

Legal & General Investment Management (LGIM) has launched a range of target-date funds for defined contribution (DC) investors.

The L&G Pathway Fund Range is meant to offer flexibility before and during retirement, the firm says.

Each Pathway fund allows member of DC schemes to choose a target date for retirement. There are three ‘Journey Plans’ that cover a range of retirement objectives, such as stable income generation, or continued investment for growth.

The funds invest predominantly in equities and fixed income, typically by investing in other funds. Managed by LGIM’s solutions group, the funds’ asset allocation will be regularly reviewed to reflect factors such as changing demographics, evolution in market trends and regulatory developments. The team will also give attention to risk management and investment diversification.

Emma Douglas, head of DC distribution at LGIM, says: “An increasingly flexible pensions landscape calls for significant innovation to help members meet their retirement income requirements. Our Pathway Funds offer an asset allocation that keeps evolving to and through retirement.”

©2015 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST