Higher levels of 'maturity and understanding' required
Concerns raised following Equity Income fund closure
Investor urges fund group to be more cautious on promoting funds
Among the most shorted stocks in the FTSE 100
Defunct fund's maintenance fees totalled over £184,000 a day
There has always been a demand for income, but in the past decade, the hunt for yield has become more challenging due to the ultra-low interest rate environment.
It is widely discussed that the UK equity market is cheap and recent foreign takeovers suggest there is value at home.
'Exact timescale' of complaints not yet provided
New plans announced ahead of name change