AITC moves on two fronts

Professional Adviser
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The Association of Investment Trust companies has had a busy past 48 hours after launching a new web...

The Association of Investment Trust companies has had a busy past 48 hours after launching a new website for splits investors and lobbying for VAT exemptions on management fees for investment trusts in line with unit trusts and OEICS. The AITC has already signalled its intent to set up a £10m charity fund to help retail investors stung by the failures of the split capita investment trust sector, and now it has added a new website that provides breakdowns of holdings and other relevant information. www.splitsonline.co.uk will use Fundamental Data and additional sponsorship from...

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