Workplace Savings News: Standard Life launches range of new investments

Standard Life has launched a range of investments for corporate pension members, including auto-enrolment default options.

Research by the insurer showed employees find a wide range of investments confusing but want to choose the right level of risk and return and then have it managed by experts. Employers, however, want to achieve better results for their employees with minimal risk while maintaining strong governance and competitive charging.

“Employees tend to have a very low tolerance for investment risk with their pension,” said Ann Flynn, head of corporate marketing at Standard Life. “But for many, a level of risk is needed to generate the returns to achieve a decent standard of living in retirement.”

The new range uses a questionnaire to help staff identify their attitude to risk and determine which strategy suits their needs.

“We have created something with diversification and strategic lifestyling,” said Flynn.

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