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The IA's Chris Cummings said the LTAF expansion is “an important step forward”.
The Financial Conduct Authority (FCA) has opened up the Long-Term Asset Fund (LTAF) structure to retail investors, a move which has been met with mixed reactions as platforms consider a range of challenges.
Following a consultation launched in August last year, the City watchdog yesterday outlined the final rules allowing mass market retail investors, self-select defined contribution (DC) pension sche...
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