Long-term asset return studies, such as the Barclays Equity Gilt Study, confirm that dividends - and in particular dividend reinvestment - are the drivers of long-term total returns from UK equities.
Firms seen double-digit falls
The market for income funds is more and more crowded, which speaks to both the underlying attraction of the asset class and the willingness of fund houses to play to that demand.
Growth becoming harder to achieve
Large caps are the place to be over next ten years
It has been widely reported the UK consumer is facing headwinds and potential challenges on a number of fronts.
Declining smoking statistics
While the yield attractions of equities have rarely been so strong relative to bonds, it is undoubtedly right that a significant amount of commentary is currently devoted to record levels of net debt and shrinking dividend cover.
Previously warned on pharma dividends