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

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Investment

Railpen acquires 50% shareholding in AGR Power

Railpen acquires 50% shareholding in AGR Power

Railpen’s partnership with renewable energy firm will help grow AGR’s UK presence

Holly Roach
clock 17 June 2024 • 1 min read
Partner Insight: The importance of going global for real estate

Partner Insight: The importance of going global for real estate

With only 5% of investable real estate found in the UK, is it time investors looked abroad as they would with equities and bonds?

Sarka Halas
clock 14 June 2024 • 3 min read
Stories of the week: Party manifestos; Mercer acquires Cardano; DB surpluses grow

Stories of the week: Party manifestos; Mercer acquires Cardano; DB surpluses grow

Labour manifesto pledges pension review and climate action; Mercer to acquire Cardano; Conservative manifesto unveils pensions tax pledge

Sarka Halas
clock 14 June 2024 • 1 min read
Trustpilot