Royal London has reduced the size of its £66bn multi-asset fund range in a series of changes that the insurer says will simplify the range for end clients.
The provider has reduced the number of funds in its flagship Governed Range, designed for pension investors, from nine to seven and renamed the funds to better align the strategies to certain risk profiles.
Six of the funds will merge into three, owing to the funds having the same asset allocation but being marketed to different clients.
