Several UK investment platforms have no plans to offer an Innovative Finance ISA (IFISA), meaning retail investors will still not be able access the Financial Conduct Authority's Long-Term Asset Funds (LTAFs).
This follows Chancellor Jeremy Hunt's Autumn Statement, which revealed LTAFs will be made available to retail investors via the IFISA, alongside open-ended property funds with extended notice periods, effective from April 2024. AJ Bell, Hargreaves Lansdown, interactive investor and Evelyn Partners' Bestinvest told Investment Week they currently have "no plans" to offer an IFISA, but they shared mixed views as to whether retail investors should have access to LTAFs. Autumn Statement 23: LTAFs to be included in ISAs amid sweeping regime overhaul Jason Hollands, managing director at E...
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