BirthStar target date funds are being made available to individual Sipp and Ssas investors through the AXA Wealth Trustee Investment Plan.
The range of TDFs is run by AllianceBernstein, which dynamically manages the glidepath of the fund to adapt to market, economic and legislative conditions.
In the earlier years the funds focus on diversified growth to beat inflation while in the later years the focus is on managing and preserving capital to fund a sustainable income.
BirthStar director Gallia Grimston says: “BirthStar target date funds are being made available to Sipp and Ssas providers to ensure that the same level of governance and expertise expected for workplace pension schemes is available to individual schemes as well.”
AllianceBernstein managing director, sales and client relations Tim Banks says: “This should give savers the confidence that their savings are being looked after with the sole aim of providing a better retirement outcome.”