The Financial Services Authority (FSA) has expressed concerns about the quality of advice around firms' use of 'centralised' investment solutions after a thematic review flagged widespread failings at some firms.
Three advisers argue the case for investment trusts and reveal some of their favourites.
A number of misunderstandings have put advisers off the investment trust space, but excluding them from clients' portfolios is a big mistake, says Paul Taylor, managing director at McCarthy Taylor.
Fidelity FundsNetwork has become the first of the fund supermarkets to confirm it will offer investment trusts ahead of RDR.