BirthStar team up with Architas and AllianceBernstein
26th January 2015
Level39 member BirthStar have joined forces with Architas and global asset management firm AllianceBernstein.
With pensions a hotly debated issue in recent news, the triumvirate are teaming up to provide seven target date funds that aim to respond to increased demand for pension fund options.
The target dates of the seven funds range between 2015 and 2050. When the target date is reached, the funds transition to lower-risk assets.
The idea is that the investor’s pot of cash will grow until the target date. When the target date is reached, the investor is able to withdraw money from the fund.
Keep your eye on BirthStarFunds twitter account for more developments.