A number of high profile UK equity income funds are at risk of being ejected from the Investment Management Association (IMA)'s UK Equity Income peer group next July, when a long-running review of the sector ends.
Funds must have achieved the IMA’s basic yield target of 110% of the FTSE All Share yield over a three-year rolling period to remain in the UK Equity Income sector. They must also run an income level...
£44bn committed to sector over five years
Key points from Hammond's 'balanced' Budget
No stamp duty on homes under £300,000
Second Budget this year
Rises in-line with CPI