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

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 infrastructure...

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?


More on Defined Benefit

Industry Voice Video: Using nature to offset emissions

clock 17 November 2021 • 1 min read

Industry Voice Video: Toughening up on carbon disclosure

clock 17 November 2021 • 1 min read
TPR has worked with Sanofi Pension Scheme trustees to secure a guarantee package.

TPR agrees £770m settlement for Sanofi Pension Scheme

The agreement will help protect the benefits of 16,500 members in the underfunded scheme

Hope William-Smith
clock 15 June 2021 • 2 min read