Unregulated investments: what clients need to know

This article first appeared on Your Money. This means financial advisers will now have to limit the promotion of high risk, exotic investments such as wine, to specific investors only. If you're concerned that you have investments in a UCIS, Rebecca Prestage, head of policy at The Consulting Consortium, outlines what you should do: What are UCIS? A collective investment scheme (CIS) is a fund that several people contribute to, sometimes referred to as pooled investment. A fund manager will invest the pooled money in one or more types of asset, such as stocks, bonds or property. ...