A matter of trust

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Investment trusts are an important tool for retirees to consider, says Julie Dent

As life expectancy increases the prospects of amassing a decent pension becomes more difficult even with an occupational pension, let alone the almost negligible state pension. Those people expecting the state to look after them 'cradle to grave' need to think again. The basic state pension for the 2006/2007 tax year was just £82.05 per week. UK savers today need to be able to make alternative provisions for retirement, and over long periods of time stock market investments utilising investment trusts could provide the answer. As any seasoned investor will know, any stock market investm...

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