He advises: “Also there are some good investment trusts which are based offshore, such as Guernsey or Jersey, that produce a gross dividend and if held in a self-invested personal pension (Sipp) or Isa there will be no tax to pay.”
For those investors who are not already invested in investment trusts, the changes to pensions may prompt them to dip a toe into this type of vehicle, while those already familiar with trusts may be reassured of their continued ability to deliver income.
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Eleanor Duncan is deputy features editor at Investment Adviser
eleanor.duncan@ft.com
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