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“semi-default” funds
SallyG
Posts: 850 Forumite
http://www.moneymarketing.co.uk/news-and-analysis/pensions/scotwids-plans-10k-minimum-for-non-advised-drawdown/2019053.article
"In July last year, Money Marketing revealed Scottish Widows was planning to launch a simplified drawdown product.
Now the provider is firming up its offering.
Customers with over £10,000 will be able to enter
non-advised drawdown with “semi-default” funds designed around how long customers plan to keep their money invested."
What's a semi-default fund?
Has it got anything to do with this?
http://www.moneymarketing.co.uk/news-and-analysis/uk/lloyds-to-resume-paying-dividends/2019049.article
"Lloyds Banking Group will recommence paying dividends to shareholders for the first time in seven years ........."
"In July last year, Money Marketing revealed Scottish Widows was planning to launch a simplified drawdown product.
Now the provider is firming up its offering.
Customers with over £10,000 will be able to enter
non-advised drawdown with “semi-default” funds designed around how long customers plan to keep their money invested."
What's a semi-default fund?
Has it got anything to do with this?
http://www.moneymarketing.co.uk/news-and-analysis/uk/lloyds-to-resume-paying-dividends/2019049.article
"Lloyds Banking Group will recommence paying dividends to shareholders for the first time in seven years ........."
0
Comments
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What's a semi-default fund?
A selection of a few default funds.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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