“Lifecycle investing is no longer simply about de-risking with age; it is about aligning each saver’s evolving human capital, risk capacity and retirement goals with a glidepath that can be personalised and, where appropriate, expanded to include private assets".

The retirement landscape has shifted. With traditional employer pension schemes closing and public pension systems under pressure, individuals are taking on more responsibility for their retirement outcomes than ever before.

For most savers, lifecycle strategies are the answer, using glidepaths that evolve alongside them as retirement approaches. But effective glidepath design is more complex than simply reducing risk with age. It requires a multi-period view that accounts for contributions, salary growth, time horizon, and real-world behavioural dynamics.

And the next generation of lifecycle investing goes further still. It brings greater personalisation and an expanding role for private assets into the picture.

Explore all of this in our latest paper

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Unless otherwise stated, all information contained in this document is from Amundi Asset Management S.A.S. and is as of 24/06/2026. Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi Asset Management S.A.S. and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not a guarantee or indicative of future results.

Date of first use: 24/06/2026

Doc ID: 5554741