Seven key investment questions consumers should be asking

With the new RDR rules set to kick in next year, Lockie said clients should be assessing whether their portfolios have a broad scope of investment products, including investment trusts. Lockie said: "The RDR will require an increase in the breadth of knowledge of financial products that advisers need to understand; much more so than previously. This may mean that at the client's next review, other products may become more appropriate. In light of this, it may be a good time for clients to work with advisers to review their portfolio." The closed-ended universe has £90bn in AUM, while ...