The Financial Conduct Authority (FCA) has banned the sale of unregulated collective investment schemes to ordinary retail investors.
Venture Capital Trusts (VCTs) and Enterprise Investment Schemes (EIS) have been granted an exemption from the FCA's ban on sales of unregulated collective investment schemes (UCIS) to retail investors.
Despite the prospect of a triple-dip recession and yearly rises in tax on alcohol, the British are still taking to the pub in droves. Annabelle Williams looks at an alternative way to invest in the sector.
In the latest Big Debate, our panelists from Daedalus Partners, Future Capital Partners and Puma Investments discussed the Do's and Don'ts of VCTs and EIS.
The government has announced plans to crack down on VCT providers which offer enhanced share buybacks, arguing this is against the spirit of the rules.