Financial planning firm Tilney has appointed a new head of multi-asset funds.

The annual charges on AJ Bell’s range of six passive multi-asset funds have been cut to 0.35%.

Quilter has revealed its dedicated multi-asset business will rebrand to Quilter Investors at the end of June 2018, as the business also announced a number of appointments to the senior management team.  

Aberdeen Asset Management has launched four low cost multi-asset funds as options for long term saving with an eye on the retirement savings market. The company is also launching a range of education material aimed at the retirement sector.