Britannic's UK Income Trust victim of its own success

The accessibility of Britannic Asset Management's UK Income Trust was questioned after one IFA was unable to receive an application only a matter of days after they became available. It seems though, that Britannic has nothing to answer for. The scenario came about purely because of the huge demand for the product, which Britannic heralds as unique. Such was the demand that £75m of guaranteed income shares sold out within four days of the offer being bought to the market. Two thirds of this was sold through a limited number of large brokers including Hargreaves Lansdown, Chase de Vere...