Andrew Aldridge: EIS - not just for the 'mega-wealthy'

clock • 3 min read
Andrew Aldridge: "One of the potential misnomers is that EIS, and other tax-efficient investments such as venture capital trusts (VCT) and business relief propositions, are only for the mega-wealthy."
Image:

Andrew Aldridge: "One of the potential misnomers is that EIS, and other tax-efficient investments such as venture capital trusts (VCT) and business relief propositions, are only for the mega-wealthy."

Andrew Aldridge explores why advisers tend not to consider EIS for clients despite most funds accepting investments from £10,000 pounds. Yes, such funds should absolutely be considered 'high risk and illiquid' but is education also part of the problem?

In 2021, it is still remarkable when you hear financial advisers dismissing investment opportunities out of hand. My guesstimate, based on a decade of experience in the financial services sector, i...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on VCTs / EIS

Advisers express concern over client fines for negligent trust registration

Advisers express concern over client fines for negligent trust registration

Must be registered with TRS by 1 Sept

Hemma Visavadia
clock 11 August 2022 • 1 min read
Andrew Aldridge: "Venture capital investing is of course to be considered as high risk, but if introduced to well-diversified portfolios then it can be effective without overstretching the total portfolio's risk level."

Andrew Aldridge: How advisers can use venture capital to target long-term above inflation

EIS opportunities

Andrew Aldridge
clock 08 August 2022 • 3 min read
Richard Burgess: "Gifts made for tax-saving purposes are unlikely to be considered in the donor's best interest and consequently should not be made without the permission of the court."

Richard Burgess: Attorneys should always look 'gift horses in the mouth'

LPAs and gifting explained

Richard Burgess
clock 04 August 2022 • 4 min read