Governed Retirement Income Portfolios (GRIPs)
An investment proposition specifically for income drawdown.
They come with the same expert governance and automatic updates that the Governed Portfolios benefit from to help keep the portfolios on track.
All about GRIPS
There are five Governed Retirement Income Portfolios to choose from depending on the client's attitude to risk.
They are based on sensible risk targets which take account of the level of risk required to achieve a particular level of income.
Each portfolio invests in a mix of equities, high yield bonds, corporate bonds, index linked gilts and property managed by Royal London Asset Management.
Benchmark asset allocations are shown below:
Governed Retirement Income Portfolio 1
2.5% Equity 5.0% Property 5.0% Commodities 6.3% Global High Yield 6.3% UK High Yield 16.7% Corporate Bonds 16.7% Gilts 16.7% Index Linked Gilts 15.0% Absolute Return Strategies (incl cash)
Governed Retirement Income Portfolio 2
22.5% Equity 7.5% Property 5.0% Commodities 6.3% Global High Yield 6.3% UK High Yield 12.5% Corporate Bonds 12.5% Gilts 12.5% Index Linked Gilts 15.0% Absolute Return Strategies (incl cash)
Governed Retirement Income Portfolio 3
30.0% Equity 7.5% Property 5.0% Commodities 6.3% Global High Yield 6.3% UK High Yield 10.0% Corporate Bonds 10.0% Gilts 10.0% Index Linked Gilts 15.0% Absolute Return Strategies (incl cash)
Governed Retirement Income Portfolio 4
40.0% Equity 10.0% Property 5.0% Commodities 7.5% Global High Yield 7.5% UK High Yield 5.0% Corporate Bonds 5.0% Gilts 5.0% Index Linked Gilts 15.0% Absolute Return Strategies (incl cash)
Governed Retirement Income Portfolio 5
50.0% Equity 10.0% Property 5.0% Commodities 8.8% Global High Yield 8.8% UK High Yield 2.5% Corporate Bonds 2.5% Gilts 2.5% Index Linked Gilts 10.0% Absolute Return Strategies (incl cash)
AKG Governed Retirement Income Portfolios
We've received independent validation of the governance structure and processes which underpin the ongoing delivery of our Governed Retirement Income Portfolios from AKG.
Benefits of the Governed Retirement Income Portfolios
- Governance at no extra cost
- Automatic monthly rebalancing
- Automatic updates to asset mix
- Option to change the equity fund
- View the latest details online
- Dynamic asset allocation
- Diverse range of assets.
Transcript for video
Governed Retirement Income Portfolios, or GRIPs, for short, are designed for people who want to enjoy flexible access to their savings. When it comes to risk and asset allocation, GRIPs take a different view. They aim to limit the impact of market volatility on your client's retirement savings when they're taking a regular income. And they benefit from the same regular reviews, hands-on supervision, and ongoing fine tuning, as our Governed Portfolios.
Our Governed Retirement Income Portfolios (GRIPs) are designed for customers who are looking to take a regular income.
Confidently recommend this solution to your clients
If you’re thinking of recommending a ready-made solution from our Governed Range to a client, the following content is designed to strengthen your suitability and due diligence process.
Stewardship and responsible investment report
To understand more about RLAM's approach to stewardship, including how and why they engage with companies and integrate ESG considerations into their investment decisions, you can read their Stewardship and responsible investment 2022 report (PDF).
Find out more
GRIP Governed Range Factsheets (PDF)
GRIP monthly performance (PDF)
GRIPs – Investing for your retirement (Client brochure - PDF)
GRIPs - Target market (PDF)
GRIPs - Supporting a sustainable income (Adviser brochure - PDF)