Our Governed Retirement Income Portfolios (GRIPs) are designed for customers who are looking to take a regular income.
They come with the same expert governance and automatic updates that the Governed Portfolios benefit from to help keep the portfolios on track.
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 (click to enlarge):