Source · Select Committees · Treasury Committee
Recommendation 10
10
Paragraph: 80
We note the debate at the Productive Finance Working Group Steering Committee on retail access...
Recommendation
We note the debate at the Productive Finance Working Group Steering Committee on retail access to the ‘long term asset fund’ (LTAF). There should be clarity about who will have access to the LTAF. The Chancellor and the financial regulators should set out the timeframe for the launch of the announced ‘long term asset fund’ to allow pension savers to invest in long-term projects. We would expect that such an LTAF would be focused on providing a net-zero compliant product.
Paragraph Reference:
80
Government Response
A response document is linked to this report, dated 16 July 2021. Response attribution to this recommendation has not been verified. Read the response document ↗