Octopus unveils new Portfolio Service

The Octopus VCT Portfolio Service is claimed to be the first service of its kind to be brought to market. It is designed to enable investors to benefit from the tax-free dividend income and potential for capital growth inherent in the VCT market by capitalising on the substantial expertise Octopus has as the leading VCT provider in the UK. The objective will be to generate an average total return in excess of 10pc per annum over the medium-term. The total return is expected to include annual tax-free income of at least 6pc after charges, equivalent to income of more than 10pc for a higher...