The Investment Association (IA), Personal Investment Management and Financial Advice Association (PIMFA) and Alternative Investment Management Association (AIMA) have joined forces to issue a recommendation encouraging firms to alter their fund settlement timings to T+2 on or before 11 October 2027. The recommendation aims to align fund settlements more closely with plans in the UK, EU and Switzerland to move securities trades to T+1 by the same date, and comes one-year after the milestone move
Joint Trade Association statement on T+2 fund settlement
Read here the recommendation from PIMFA, The Investment Association (IA) and the Alternative Investment Management Association (AIMA) encouraging firms to alter their fund settlement timings to T+2 on or before 11 October 2027, aiming to align fund settlements more closely with plans in the UK, EU and Switzerland to move securities trades to T+1 by the same date
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