VCTs / EIS

The Institute of Financial Planning (IFP) has warned the government that the threat of retrospective regulation is preventing advisers from recommending enterprise investment schemes (EIS) to clients.

Venture Capital Trusts (VCTs) are facing the prospect of a steep decline in fundraising if they are not granted an exemption from restrictions on the sales of unregulated collective investment schemes (UCIS).

Annabel Brodie-Smith of the Association of Investment Companies (AIC) reviews recent developments in the VCT sector and assesses future investment opportunities.

FIVE THINGS

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.

VCTs

Encouraging enterprise was a central motif of George Osborne's Autumn Statement. But how attractive are the measures to advisers?