F&C ASSET MANAGEMENT Initiative will include providing advisors with materials and support and the roll out of regional seminars
LONDON, January 20, 2015 - F&C Investments (F&C), a part of BMO Global Asset Management, today announced that it is launching a campaign to assist advisers with the upcoming changes in the post-retirement market. It also announced that it has engaged Technical Connection to
provide input on the many technical and legislative requirements involved.
As part of the campaign, F&C will be providing advisers with a wealth of materials, training and support to help navigate their clients into the in-, at- and post-retirement phases of their lives. This will include detailed case studies for different client circumstances, as well as advice guides covering various options with the pros and cons when entering the decumulation retirement phase. F&C will also be offering Continuing Professional Development (CPD) accredited training for advisers and a retirement related technical support service, which will be supported with input from Technical Connection when needed.
"Advisers, as well as clients, have a lot to navigate this year given what is arguably the biggest change yet to the post-retirement market," said Rob Thorpe, Head of UK Sales, F&C. "The post- retirement changes present a significant opportunity to both fund groups and advisers, as the new pension freedoms will create a massive demand for advice. However, it has become obvious to us that we need to support advisers in this market beyond just offering them strong investment products and solutions. Technical Connection has been providing support to the adviser community for many years and has earned a reputation as being an authority in the often complex world of pensions and drawdown. We are delighted that they will be providing underlying technical support to our adviser support proposition in the post-retirement market."
"It will be no surprise to most that our adviser research on the pension reforms indicates that drawdown will become a more favoured option, in many cases within the context of blended solutions," said Tony Wickenden of Technical Connection. "Platforms and asset managers will have an increasing role to play in delivering income, accumulation and capital preservation investment strategies. 'In retirement advice' will need to be a core competence for advisers and thoughtful, targeted, informed and practical support will, of course, be valued."
F&C Regional Adviser Seminars to Begin in March
F&C will be launching its adviser support programme through a series of regional seminars across the country in the first two weeks in March. Advisers will be able to hear from Technical Connection on the key post-retirement changes and the advice opportunities this provides as well as hear from F&C's Co-Heads of Multi Manager, Rob Burdett and Gary Potter, on how multi asset investments can help meet investors' income needs as part of a drawdown strategy.
www.fandc.com
The events will provide two hours of CPD and can be booked via the website www.fandc.comor by calling 0800 085 0383.
F&C is focused exclusively on managing money for its clients. It manages assets for a combination of insurance clients, institutional investors, intermediaries and private individuals. F&C invests across all major asset classes - equities, fixed income and property - and has specialist expertise in asset allocation, alternative investments, liability driven investments, multi-manager, private equity funds and Environmental Social and Governance (ESG) Investing. The F&C Group includes F&C REIT, a global real estate asset manager.
F&C has a rich heritage that dates back almost 150 years and can be traced back to the founding in 1868 of the Foreign & Colonial Investment Trust.
BMO Global Asset Management, of which F&C Investments is the European hub, is a global investment organisation providing investment management, retirement, and trust and custody services to institutional, retail and high net worth investors, from 24 offices in 14 countries to clients across five continents. BMO Global Asset Management has £169 billion assets under management as at September 30 2014. BMO Global Asset Management is a part of BMO Financial Group (NYSE:BMO), a fully diversified financial services organization with C$522 billion total assets and more than 47,000 employees as of October 31, 2014.
Past performance should not be seen as an indication of future performance. The value of investments and income derived from them can go down as well as up as a result of market or currency movements and investors may not get back the original amount inve sted. The information, opinions estimates or forecasts contained in this document were obtained from sources reasonably believed to be reliable and are subject to change at any time. F&C Group Companies may from time to time deal in investments mentioned herein on behalf of their clients. The source of information in all graphs is F&C unless otherwise stated. F&C Management Limited is a uthorised and regulated by the Financial Conduct Authority FRN: 119230 F&C Management Limited is a member of the F&C Group. The F&C Group is wholly owned by BMO Global Asset Management (Europe) Limited, which is itself a wholly owned subsidiary of the Bank of Montreal. F&C, the F&C logo, REO and the 'reo' logo are registered trademarks of F&C Asset Management plc. F&C Investments and the F&C Investments logo are trademarks of F&C Management Limited. © Copyright F&C Management Limited 2014. All Rights Reserved. Neither this document nor any part of it may be reproduced by any party whether by photocopying or storing in any m edium by electronic means or otherwise without the prior approval of F&C Management Limited.
F&C Management Ltd accepts no liability in respect of the information or any views expressed herein which may be subject to c hange without notice at any time.
-Ends- Press enquiries:
Richard Janes
Director, Communications
Richard.janes@fandc.com
Tel: +44 (0) 20 7011 4298
fandc.sc@fticonsulting.com
Tel: +44 (0) 20 3727 1888
www.fandc.com
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