Welcome to the AIC’s financial adviser centre. Here, you can access training, news and guides on the investment company industry, including investment trusts and VCTs.
All our services for financial advisers and wealth managers are free of charge and our CPD is accredited by professional bodies.
Nick Britton presents a certificate to Ahsan Vayani of Quilter Cheviot.
The Investment Company Accreditation
Find out how to build your investment company knowledge and gain CPD.
"The use of investment companies by advisers has increased sevenfold in the decade since RDR. Our training and educational materials are designed to help more advisers find their way to investment companies.”
Nick Britton, Research and Content Director
Guides to investment companies
What are investment companies?
Understand exactly what we mean by investment company, and the three main types.
How financial advisers use investment companies
Why are investment companies becoming more popular with financial advisers?
Researching investment companies
Considerations to bear in mind when researching and selecting investment companies for clients.
Investment companies and platforms
Investment companies are now available on a wide range of adviser platforms.
Trading on the stock market
This guide discusses the implications of stock market trading, including liquidity.
Differences from OEICs
Identifying the main structural differences between investment companies and open-ended funds.
What does it mean to have a closed-ended structure, and what are the implications for investors?
Fees, charges and other costs
Making sense of the different disclosures of investment company costs.
Income features of investment companies
Investment companies can be attractive for income investors. This guide explains why.
Investment company performance vs OEICs
Assessing the reasons for investment companies' outperformance of open-ended funds over the long term.
Discounts and premiums
Explaining what discounts and premiums are, what drives them and why they matter.
Range of underlying investments
Discover why investment companies can offer access to a wider range of asset classes.
The separation between board and manager is central to investment companies, as this guide explains.
Regulation of investment companies
A simple summary of the laws and regulations that protect investors in investment companies.
Taxation of investment companies
Taxation of investment companies is very similar to other funds; here are some key differences.
Discount control policies
How do share buybacks and discount control policies work, and what are the benefits to investors?
Investment companies and NMPI status
The vast majority of investment companies fall outside the NMPI regime, as this guide explains.
Real Estate Investment Trusts (REITs)
What are REITs and how are they different from mainstream investment companies?
Non-UK investment companies
This guide explains why some London-listed investment companies are based outside the UK.
David Prosser's monthly round-up
Every month, David Prosser rounds up what's happening in the investment company sector, including what the investment company analysts are saying. David's past roles include Business Editor of The Independent, Personal Finance Editor of the Daily Express, and Deputy Editor of Money Observer magazine.
David Prosser looks at why investment companies have an important role to play in savers’ retirement portfolios.
Why advisers use investment trusts
Find out why financial advisers use investment trusts (investment companies).