Do you think the government should oppose the Alternative Investment Fund Managers Directive? (AIFM)  It is causing me a lot of worry. George, Southport.
Well, "George, Southport" you are clearly writing under an assumed name because real people are called Muddled, Middlesex or Bewildered, Bewdley. The picture gives you away - white hair, black eyebrows, eyes bloodshot from poring over the Pre- Budget Report - you are Alastair Darling, photoed from a funny angle, and you are trying to get Moneybox Man's advice without paying his £1,000 private consultation fee. However, your question does have a wider interest. The AIFM directive is a European instruction that would force investment trusts to turn into unit trusts. It stems in large part from Europe's envy/hatred of Britain's financial skills. In the short term it would give a windfall gain to holders of Investment Trusts, as their investments would all be instantly priced at their NAV. Someone with £100,000 worth of Investment Trusts would wake up one morning to find their portfolio worth £110,000 or whatever. In the long term, hundreds of thousands of savers would suffer from higher costs and poorer performance. Do what you think right, Alastair (God help us).