Understanding and advice vital within tarnished split capsector

Criticism of split investment trusts goes on, but to be calling their demise looks somewhat premature. The fact remains that many split funds are still an attractive proposition for investors and can be a key tool in financial planning. Indeed, there was never a problem with the structure of splits as such. The roots of the problems today have been created by weak equity markets, excessive levels of debt and extensive cross-holdings. The problems facing splits have finally led to action by the FSA. Speaking at the recent conference held by the Association of Investment Trust Companies...