Enterprise Corporate Finance – Merepark Solar EIS Fund
Type: Enterprise investment scheme fund
Aim: Income and growth by investing in five unquoted companies that will generate electricity from a portfolio of pre-installed commercial solar assets across the South of England
Minimum investment: Lump sum £10,000
Closing date: November 28, 2011
Charges: Initial 6% plus 1% transaction fee, annual 2.5%, performance fee 25%
Commission: Initial 3% or initial 2% plus 0.5% renewal
Tel: 020 8785 5758
Financial Services Compensation Scheme chief executive Mark Neale says he does not support advisers’ calls for a product levy as an alternative means of funding the scheme, saying it amounts to a tax on consumers. In February, Money Marketing reported that there was widespread support in the industry to fund the FSCS through some form […]
Fixed protection has all the marks of a debacle in waiting
The Financial Services Practitioner Panel has appointed Deloitte UK vice chairman Russell Collins as its chairman. Collins headed up Deloitte’s financial services team from 2002 to 2011. He succeeds outgoing Yorkshire Building Society chief executive Iain Cornish, who is leaving the society at the end of the year to join St James’s Place as non-executive […]
Barclays – Flexible Savings Bonds update
Entrepreneurs’ relief is due, subject to meeting certain conditions, in respect of capital gains arising on ‘material disposals of business assets’. These ‘business assets’ include: Read more
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