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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A group of 500 people have launched legal action against Ingenious Media saying they were misled about film investments that were later deemed to be tax avoidance by the government. According to Bloomberg, which cites court documents, employees from companies including Goldman Sachs, Lloyds Banking Group and HSBC are part of the action. British composer Andrew Lloyd-Webber is […]
Embark Services returned to profit in 2017 as it reported an increase in self-invested personal pension clients. Embark Services is a subsidiary of Embark Group that trades under the Hornbuckle and Embark brands. The business reported pre-tax profit for the year ending 31 December 2017 of £136,000 compared with a loss in 2016 of £2.4m. […]
Architas UK has seen inflows drop by just over 70 per cent in the first half of the year. The Axa-owned asset manager reported £152m net inflows for the first six months of 2018, compared with £546m in the first half of 2017. Globally, Architas’s net inflows dropped to €797m (£710.6m) in the first half […]