With the recent changes to advance corporation tax (ACT) and the consequent withdrawal of tax credit...
With the recent changes to advance corporation tax (ACT) and the consequent withdrawal of tax credits from equity income funds, many commentators now see bond funds as the income vehicle and equity funds as the growth vehicle This attitude is, however, quite concerning. Equity income funds have proved to be one of the most popular and enduring sectors of the UK unit trust industry and to write them off so quickly could distract investors away from a core investment product at a time when they may need it most Before considering the central case for equity income funds it is appropriate to...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes