Many people who have SIPPs already meet the minimum income requirement through other pensions such as historic final salary schemes. This can be a real benefit for those who need some extra income but want to preserve death benefits.
Graham Shore, veteran VCT investor and director of the Puma range of VCTs, outlines questions advisers can ask to help avoid the VCT landmines.
Few VCTs are upbeat nowadays - they are either fretting over the state of their portfolio, or their next fund, but one manager has just experienced a record number of deals.
Chancellor George Osborne has announced a clampdown on venture capital trusts (VCTs) and enterprise investment schemes (EIS') purely set up to access tax reliefs.
Chancellor George Osborne has announced a clampdown on venture capital trusts (VCTs) and enterprise investment schemes (EIS') purely set-up to access tax reliefs.