Quilter has launched three smoothed funds in partnership with Standard Life.
The funds, available through Quilter’s Collective Retirement Account, are designed for investors approaching or already in retirement.
The range includes a conservative fund for investors seeking low-risk investments, a balanced fund for those seeking low-to-medium-risk investments and a moderate fund for those looking for medium-risk investments.
Each fund has a diversified mix of investments, including equities, bonds, alternatives and money market instruments such as cash, typically through third-party funds and is priced at 0.99%.
Marcus Brookes, chief investment officer and managing director at Quilter, said: “We are delighted to be able to offer advisers a suite of smoothed funds to help their clients navigate the uncertainty that often accompanies retirement. The Quilter Smoothed Funds are designed to deliver a smoother investment experience, giving clients the confidence to invest and the composure to stay invested for the long term.
“Our partnership with Standard Life has enabled us to create a genuinely differentiated offering, with unique features that enhance the overall investor experience. We’re excited about this launch and the broader suite of accumulation and decumulation multi-asset products we now provide to advisers and their clients.”
The duo said a unique feature of the funds is the regular withdrawal allowance which allows customers to withdraw up to 7.5% each year without any downward price adjustment.
Claire Altman, managing director, BPA and individual retirement at Standard Life, said: “This strategic partnership brings together Standard Life’s smoothing technology and expertise with Quilter’s highly regarded investment platform. It expands the ‘smooth’ investment category, giving advisers more tools to help clients feel confident and secure as they approach retirement.
“At a time when many people are seeking both growth and stability in their pension planning, smoothed funds offer a balanced approach. They help individuals navigate uncertainty and feel more in control of their financial future, which is exactly what advisers are there to support.”
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