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Investment trusts hike income payments

Income payments are increasing in frequency and size from investment trusts, new data suggests. Data from broker Winterflood Securities cited by the Financial Times shows that between 2013 and 2017, the proportion of trusts that paid some form of dividend for the year rose from 69 per cent to 82. The proportion of the 321 […]

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Finalytiq founder’s withdrawal rate app completes funding round

An app aimed at helping advisers understand how retirement strategies will fare under different market conditions has completed a seed funding round, with backers including former Interactive Investor chief executive Adam Seale. Timeline was set up by Finalytiq founder Abraham Okusanya last year in response to pension freedoms. It uses empirical research, asset class returns, […]

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