Fund managers have hit back at the Investment Association's review into the yield requirements of the UK Equity Income sector, arguing its targets are attainable.
The review was launched in April after groups including Schroders, Rathbones and Invesco Perpetual saw funds expelled from the sector as they failed to meet its requirement to generate 110% of the FTSE...
Lowest level since 2016
Subset of fintech
Just one-fifth not in favour
Armed forces charity
Member of PRA's practitioner panel