Chancery Lane launches investment trusts/retirement income adviser initiative

It said the education push would help planners get to grips with building drawdown portfolios for reliable inflation-matching income. Chancery Lane said it had been supported by a range of leading managers and the Association of Investment Companies (AIC) to "reposition trusts in the adviser community as a powerful tool for generating sustainable retirement income". It believes there's a need for more education in the advice sector to counter the "marketing budgets of the big open-ended asset managers" and to support investment trusts following the "challenges of the last few years". ...