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5th November 2013
FT Adviser

Tam Asset Management plans SRI pension

Portfolios will be piloted in December and will be available through all major pension wrappers, chief executive says. Tam Asset Management is to launch a socially responsible pension portfolio, bringing together a “packaged solution” for ethical retirement saving.

 

Lester Petch, chief executive officer of the discretionary manager, said the solution will be available through a pension provider that has all major wraps available, including Sipps, group Sipps, Qrops and Qnups.

 

“It allows them all to have a socially responsible packaged option,” he said.

 

Mr Petch said that although self-investing pension savers could build an ethical portfolio themselves, the Tam portfolio would provide a ready-built packaged solution.

 

“Instead of effectively self-selecting it, you can have a packaged socially responsible pension managed during the lifetime,” he said. “There is no complete, across-the-market socially responsible option in pensions.”

 

It will be piloted in December, Mr Petch added.

 

By Aimee Steen