In Focus: Regulation under reform  

FCA widens retail investors' access to Ltafs

They will also be able to hold cash, listed shares and bonds including money market instruments, and investors will be permitted to redeem their investments on a minimum of a monthly basis.

Ltafs came into force in November last year, with Schroders becoming the first to launch a product in March this year

Article continues after advert

sally.hickey@ft.com