Alastair Smith of Frostrow Capital explains why investment trusts should start to feature more heavily in your clients' portfolios.
While there are still a number of questions advisers are waiting for the FSA to answer on RDR, one area on which the regulator has been very clear is that under the new rules "independent" will be a function of the range of products advisers can comment on. This is a significant shift from the present understanding of "independent" which is a function of not being tied to any one company and offering products from a number of different providers. What this means is advisers that wish to be "independent" post-RDR will need to understand, analyse and recommend all of the products availa...
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