There are plenty of options available, as long as the investor is willing to move up the risk curve, but there have been a few changes in the various sectors.

The most reliable source has been UK equity income, which has been popular with investors because of the regular dividends paid by British companies. But UK equity income has seen the announcement of the high profile departure of Neil Woodford from Invesco Perpetual a few months ago, raising questions over which funds are reliable.

Other sources of equity income are available, and those looking for alternatives could try emerging markets, for example, or global equity income.

Bonds are a typical alternative diversifier to equities, but the bond markets have been unpredictable over the last few months, and banks are suggesting people look at high yield bonds, to ensure income.

High yield bonds have gained in credibility in recent years as more and more businesses have had their debt described as ‘sub-investment grade’, for valid but temporary reasons.

Another option is to look at structured products, as a source of income. Still controversial and considered by some advisers to be too complicated, structured products exist that offer a predictable income in a volatile climate.

Income is a frequent request people have from their investments - many choices exist for advisers to select from.