Adviser use of investment companies has been growing steadily since the Retail Distribution Review (RDR), according to research conducted by the Association of Investment Companies (AIC) in association with Unbiased.
This found more than two-fifths (43%) of advisers saying they now use investment companies in client portfolios, compared with 36% who said they used them pre-RDR. More than a third (35%) of the advisers...
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