Scottish Widows has made a number of changes to its fund range as part of its ‘Driving Pension Value’ programme.

The initiative, which launched earlier this year across its life and pensions propositions, will be enhanced across key asset classes through the launch of 21 new funds available from November.

The additions include a number of multi-asset and absolute return funds, in addition to smart beta equity strategies.

Iain McGowan, head of fund development and analysis at Scottish Widows, said: “Following changes we made to our lifestyling options and the launch of our Premier fund range earlier this year, these changes represent a major step towards our long term commitment to provide the best solutions for our customers. These changes have been based on extensive adviser and customer research, as well as the insight and expertise of our fund manager assessment team.

“We have focused these additions on emerging sectors and strategies we know are becoming more attractive to customers, sourcing leading managers with strong capability and credentials to run these funds.”