Top tips to advising on UCIS

Unregulated collective investment schemes (UCIS) have been with us for many years but it is probably fair to say they came to the fore from 2007 onwards when returns under more conventional investments were poor and clients were seeking advice on how to achieve the sorts of returns they had become used to over preceding decades. And it is important to recognise that not all unregulated investments are collectives. The current concerns are around UCIS simply because the FSA’s review concentrated on UCIS; it is probably a safe bet that many of the problems the FSA identified will apply equ...