The mutual’s flagship Governed Range provides investment solutions to 1.3m customers, split between advised customers and workplace pension savers.
The Governed Range is made up of risk targeted portfolios and lifestyle strategies, allowing customers to invest in UK and global financial markets, within a risk managed framework. The range caters for clients whatever stage they are at on their retirement journey with portfolios for those in accumulation and decumulation.
Pension savers can access off the shelf investment solutions through its Governed Portfolios range. The range of nine portfolios gives access to one of the biggest multi asset propositions in the market.
Clients in the decumulation stage looking to take a regular income in retirement have access to five investment portfolios in its Governed Retirement Income Portfolios (GRIPs) range, with each portfolio designed to help achieve a sustainable level of income.
Although fully focused on delivering financial returns, as a multi asset, the Governed Range is well diversified and takes various Environmental, Social and Corporate Governance (ESG) factors into account, as well as demonstrable stewardship in its different strategies. Embedding ESG practices into its investment policy not only has an overall positive impact, but also helps meet clients’ responsible investing needs without increasing their costs.
Julie Scott, Royal London’s Chief Commercial Officer, said:
“Reaching £50bn assets under management in our flagship Governed Range is a significant milestone and we’re pleased that clients across the risk spectrum continue to support our established risk managed solution. While assets have risen across the board, there’s been a notable boost from workplace pension saving and a desire to invest responsibly. That’s why we make it easy to invest responsibly with Royal London, at no extra charge to customers.
“Increased market volatility has been a key feature in these uncertain times and we’re pleased that diversification and robust governance have continued to ensure good outcomes for investors.”