How not to fall foul of the regulator on UCIS

There are two main reasons. The first is the low interest rate, low investment returns environment in which we currently find ourselves; the second is the raft of changes being introduced by the Retail Distribution Review (RDR). At a time when investors are receiving little or no interest from banks and building societies and markets are still volatile, any investment that says it offers higher returns and is relatively low risk, with the added benefits of tax advantages, as some of the UCIS schemes do, is going to be very tempting for investors. The questions are: do they do have a plac...