FCA takes forward DC long-term asset fund products

New open-ended funds designed for infrastructure and private assets

James Phillips
clock • 3 min read
FCA chief executive Nikhil Rathi
Image:

FCA chief executive Nikhil Rathi

The Financial Conduct Authority (FCA) will take forward proposals for a long-term asset fund (LTAF) to support pension schemes to invest in illiquid assets.

The watchdog today (25 October) said it would create a new type of open-ended, authorised investment fund, specifically aimed at defined contribution (DC) schemes, to better enable investments in i...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Investment

Pension funds set to ramp up private market and global equity allocations

Pension funds set to ramp up private market and global equity allocations

Some 40% of UK schemes looking to boost allocations to private assets over coming year

Jonathan Stapleton
clock 20 November 2024 • 3 min read
PP Investment Awards 2024: The winners

PP Investment Awards 2024: The winners

Awards recognise asset managers over a broad range of specialisms

Professional Pensions
clock 20 November 2024 • 3 min read
PP Investment Conference: Last chance to register

PP Investment Conference: Last chance to register

Mansion House reforms, private markets and endgame key topics for 19 November event

Professional Pensions
clock 18 November 2024 • 1 min read
Trustpilot