Kate Dwyer , Head of UK Distribution at Invesco , says : “ With people living for longer , there is a need for greater flexibility to manage risks and generate income . Combining traditional investment portfolios and guaranteed income in a holistic way can yield a better outcome than an approach which simply bolts the two together . By thoughtfully considering both components and how they complement one another upfront , a solution can be created that is greater than the sum of its parts . Through the partnership with Just Group we have managed to achieve just this .”
The Retirement Investment Solution combines model portfolios with Secure Lifetime Income ( SLI ) in an intelligent , and flexible way . Typically , the decision to allocate to guaranteed income becomes separated from what happens to the rest of an individual ’ s portfolios . Here , the models have been designed with the guaranteed income component in mind . By combining the two , and embedding flexibility , Invesco believes it achieves a better retirement experience for investors as well as ease of use for the adviser with the model portfolio and SLI , unlike an annuity , both being housed inside a SIPP wrapper on the platform . The solution enables advisers to tailor the mix of model portfolio and SLI to meet the risk appetites and specific income requirements of each individual client , and to adjust this over time . This means a truly personalised experience which reflects the fact that each person ’ s retirement journey is different .
Owen Thomas , Head of UK Wholesale Distribution at Invesco , says : “ With our Retirement Investment Solution models , in partnership with Just Group , we believe we have designed a go-to solution for the adviser market . This proposition comes close on the heels of the launch of our Summit Income fund , which we brought to market in June of this year , further demonstrating our commitment to serving the needs of our clients across their investment lifecycle .
“ For us , this is about more than delivering investment propositions . This is also about delivering superior support and service to enhance the client experience . All the information an adviser needs is housed in our proprietary digitally enabled platform , called Basecamp , available for those advisers looking to invest in our range of multi asset adviser solutions . We have also this month launched a dedicated retirement solutions hub housing all our thought leadership , research and solutions available in retirement .”
FIND OUT MORE
For more information , download the Retirement Investment Solution brochure or go to our MPS website , or if you ’ d like to explore the models in further depth , please visit our online adviser portal , Basecamp .
INVESTMENT RISKS
The value of investments and any income will fluctuate ( this may partly be the result of exchange rate fluctuations ) and investors may not get back the full amount invested .
As one of the key objectives of the Invesco Summit Income Fund ( UK ) is to provide income , the ongoing charge is taken from capital rather than income . This can erode capital and reduce the potential for capital growth .
The issuers of the debt securities to which the product is exposed may not always make interest and other payments due to financial difficulties or insolvency . The value of the debt securities may fall due to poor market conditions , such as a decrease in market liquidity , and / or variations in interest rates . These risks increase where the product invests in high yield , or lower credit quality , bonds .
The product may be exposed to securities of emerging and developing markets , where difficulties in relation to market liquidity , dealing , settlement and custody problems could arise which could result in losses .
The product ' s use of financial derivatives may result in the product being leveraged , that is , the economic exposure created by using a derivative may be greater than the amount invested . The product , therefore , has the potential to lose more than it paid . If a counterparty becomes insolvent this will also result in a loss . The use of certain derivatives may also impair the product ’ s liquidity which may mean the product has to close positions at an unfavourable price .
IMPORTANT INFORMATION
All information as at 26 September 2024 and sourced by Invesco , unless otherwise stated . Views and opinions are based on current market conditions and are subject to change . This is marketing material and not financial advice . It is not intended as a recommendation to buy or sell any particular asset class , security or strategy . Regulatory requirements that require impartiality of investment / investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication . Issued by Invesco Asset Management Limited and Invesco Fund Managers Limited , Perpetual Park , Perpetual Park Drive , Henley-on-Thames , Oxfordshire , RG9 1HH , UK . Authorised and regulated by the Financial Conduct Authority . For the most up to date information on our funds , please refer to the relevant fund and share class-specific Key Information Documents , the Supplementary Information Document , the financial reports and the Prospectus , which are available using the contact details shown . EMEA3930182
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