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Chrysalis VCT aims for 25m with antiques fund

Chrysalis VCT is aiming to raise 25m in two share classes, one of which will invest in art and antiques businesses.

The general fund share class will invest in unquoted comapanies, while the “art and antiques fund” will invest in established art and antiques businesses.

The VCTs launch on January 25, and close on April 5, 2006.

Manager Robert Drummond says: “I am particularly excited by the opportunities offered by the innovative art and antiques fund. This is an asset class which we believe will be attractive to many VCT investors.”


Brener joins Abbey as compliance director

Former PIA regulator Alan Brener has joined Abbey as its new compliance director. Brener, who moved to Abbey last week from Royal Bank of Scotland, came in for criticism from the FSA’s appeals tribunal for the quality of his evidence during its review of the handling of Legal & General’s endowment misselling case last year. […]

FSA sets out A-Day details for public

The FSA is offering A-Day information on its website to help consumers understand the changes to pension arrangements from April 6.

Action on attraction

How Scottish Widows bank has re-evaluated its recruitment process

Cheap but not cheerful

Recommending critical-illness cover on the basis of price means that clients are missing out on some useful features and benefits, says CBK principal Peter Chadborn


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