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Standard Life has completed the transition of its defined contribution (DC) assets into sustainable multi-asset solutions.

Standard Life, part of Phoenix Group, will make a series of changes to its largest pension fund propositions, Active Plus and Passive Plus. The pension provider will embed over 1.5 million pension customers and 9,000 workplace pension schemes in its sustainable multi asset strategies.

Standard Life will embed sustainable multi-asset strategies into its default fund portfolios as part of a plan to target better retirement outcomes.

Standard Life will embed sustainable multi-asset strategies into its default fund portfolios as part of a plan to target better retirement outcomes.