In the run up to the end of the tax-year, advisers share their investment company recommendations, suitable for the stocks and shares ISAs of millennials, 'middle-years' and retirees
To make the most of this year's £20,000 allowance, the Association of Investment Companies (AIC) says advisers may want to consider investment companies for clients' stocks and share ISAs, thanks to their strong long-term performance and income advantages. "Investment companies can form a valuable part of an investor's ISA portfolio whether they are looking for growth, income or a combination of both," says AIC communications director Annabel Brodie-Smith. "Their closed-ended structure allows fund managers to take a long-term view and investment companies' ability to use gearing - borrow...
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