UK. Retirement investment solution providers urged to seize innovation opportunities
Retirement investment solution providers should “seize the day” amid rising asset levels that are providing opportunities for innovation, according to a report from NextWealth. NextWealth stated that assets in retirement investment solutions were on the cusp of a significant growth spurt. With the first cohort of ‘pension freedom’ retirees reaching 75, there is a growing imperative for innovation, which has been dominated by Royal London’s Governed Retirement Income Portfolios (GRIP), the firm said. If GRIPs were removed, the assets held in solutions...
