Investment companies: It's about education, education, education

In the last six months, I have written and presented 12 hour-long online adviser training modules to help intermediaries get to grips with the ins and outs of the sometimes-complicated world of investment companies. The Q&A sessions following the training have been genuinely illuminating. As might be expected, we have had many legitimate questions about the pricing structure of investment companies, with gearing and charges also high on the agenda. Many advisers have wondered what constitutes a ‘safe’ level of borrowing in an investment company. Of course this is relatively subject...