Long Term Asset Fund lawyer urges the FCA: 'Do not rush this'

Fears new product could launch without proper scrutiny

Mike Sheen
clock • 2 min read

A lawyer tasked with helping to design the Investment Association's (IA) proposed Long Term Asset Fund (LTAF) has urged the Financial Conduct Authority (FCA) not to "rush" the establishment of the vehicle, warning that doing so could render the project a "damp squib".

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