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
News and expert analysis straight to your inbox
Sign up
Offsetting the cost of advice this way would benefit clients and advisers alike One of the multiple barriers to better take-up of financial advice is that some people are unwilling or unable to meet the upfront cost. In response to this, the government has allowed people to take small chunks (three lots of £500) out […]
Fund managers like to trade off having a unique style. There thousands of funds out there to choose from – the question I often hear from advisers is: what makes this person different? Sometimes this can be a really tough one to answer. “We invest for the long term” is all fine and good, but […]
With rising costs and an increasingly tough regulatory market more advisers are looking to outsource their investment proposition, with many leaning towards discretionary fund managers. But while the number of advisers using DFMs is on the up, overall satisfaction with them has dipped. According to a recent survey by financial information firm Defaqto, 74 per […]