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Where to go if you want high income

NEEDS for income change throughout our lives. Early on in retirement, most investors need a reasonable and growing income. Later on, they might want to maximise income, regardless of the risk to their capital, writes Clare Arthur.

A wide variety of investment trusts meet most investors' needs, from a very high income to regular returns which are virtually guaranteed.

The structure of investment trusts can help their potential for producing a sustained and high level of income. They often have low management charges. Some trade at a discount, meaning you can buy an income stream at less than its normal price. Perhaps most importantly for investors who rely on a steady income, investment ...

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