Standard Life adds SDR funds to default strategy
Pensions provider Standard Life, part of the Phoenix Group, has announced that sustainability-labelled funds will now be included in its main default pension investment strategy.
The UK-based pensions and investment provider confirmed that all equity and fixed-income allocations within its default strategy will align with the Financial Conduct Authority’s (FCA) new Sustainability Disclosure Requirements (SDR) and fund labelling rules. The shift is expected to take place in early 2025.
Standard Life projects that over 75% of its sustainable multi-asset investments will carry a formal objective to support the transition to net zero by 2050, while meeting the FCA’s updated regulatory thresholds.
The Phoenix Group highlighted that…
