VCT

Providers still maintain demand is growing

Due to changes announced in Budget

Differing benefits for pensioners

New firm called Wealthclub

HM Revenue & Customs (HMRC) is to hold regular stakeholder forums to help clarify and develop the rules surrounding EIS, SEIS and VCT schemes.

Eight product launches, tweaks and updates advisers should know about

Transact has partnered with Octopus Investments to become the first platform to offer venture capital trusts (VCTs) following the introduction of new legislation.

Venture capital trust (VCT) fundraising reached a nine-year high in the last tax year, according to the data from the Association of Investment Companies (AIC.)

The continued cut to the amount people can save in their pension pots before a tax charge applies could incentivise people to invest in higher risk products, an adviser has said.

Commentators have warned Chancellor George Osborne's new rules for VCT,EIS and SEIS investments, announced in the Budget, could create confusion and crowding in certain parts of the market.