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AITC welcomes trusts inclusion in Cat standard

The Association of Investment Trust Companies has welcomed the Government&#39s decision to include investment trusts and risk warnings within their Cat-Standard proposals issued at the start of this month.


The trade association&#39s recommendation is that only 50 per cent of asset must be invested in UK or EU equity.


It believes that the inclusion of risk warnings will help consumers choose between equity investment and cash-based savings, and unlike Pep regulations, will allow investors who are not looking for a Cat-marked product to take advantage of the full range of investment trusts.

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