![The IA's Chris Cummings said the LTAF expansion is “an important step forward”. The IA's Chris Cummings said the LTAF expansion is “an important step forward”.](https://image.chitra.live/api/v1/wps/a32df46/26025e91-12e5-45f3-8f84-2f7e0297ea9c/7/fca-2018-regulation-funds-assets-7-1-679x419.jpg)
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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