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

FIF25: Challenges to consider for investment in private markets

FIF25: Challenges to consider for investment in private markets

Panel discusses differences between generalist and specialist approaches to private market investment

Martin Richmond
clock 05 June 2025 • 2 min read
Partner Insight: Midyear macro outlook - A new dawn of uncertainty

Partner Insight: Midyear macro outlook - A new dawn of uncertainty

Geopolitical tensions, tariff uncertainty and global economic slowdown look set to define the second half of 2025. Columbia Threadneedle Investments' global CIO looks at why active management and research-led investing are the way to navigate this global complexity.

William Davies, Global Chief Investment Officer at Columbia Threadneedle Investments
clock 05 June 2025 • 5 min read
Webinar: Implementing private debt for UK pensions – Register now

Webinar: Implementing private debt for UK pensions – Register now

The webinar will be held on 25 June at 11am

Professional Pensions
clock 04 June 2025 • 1 min read
Trustpilot