Four vehicles, including the £1.7bn Schroder Income fund, have rejoined the Investment Association's UK Equity Income sector after being ejected in recent years.
Last month, the IA lowered the UK Equity Income sector's yield hurdle from 110% to 100% of the index's yield over a three-year rolling period, while failure to achieve 90% of the index yield in any one-year...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till