Five things clients will call you about this week

Investment trusts RDR has led to an explosion of interest in investment trusts, according to the Independent. Despite being dismissed at being too complicated or risky, they appear to be rising in popularity with advisers the paper said. Drawdown The lifting of the cap on the amount of income that can be drawn from a pension has been welcomed by pensioners and providers. Consumers with large pension pots had been suffering cuts of up to 70% in their income, the Mail said. Equity income An FT survey found one in five UK equity income funds cut or held payouts last year, despite 2...