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Hazel Capital – Renewable Energy VC1 & Renewable Energy VCT 2

Hazel Capital – Renewable Energy VC1 & Renewable Energy VCT 2

Type: Venture capital trusts

Aim: Growth and income by investing initially in fixed income funds and other assets, then in unquoted UK and European companies involved in renewable energy projects with long-term guaranteed Government subsidies and energy developers

Minimum investment: Lump sum £5,000

Closing date: April 5, 2011 for 2010/11 tax year, April 30, 2011 for 2011/12 tax year

Charges: Initial 5.5%, annual 2%, performance fee 20-30% depending on performance

Special offer: 1% of amount invested in extra shares

Offer period: Until January 31, 2011

Commission: Initial up to 3% or initial up to 2% plus renewal up to 0.5%

Tel: 020 3006 4610


Owner-occupier rates set to fall, says RICS

Home ownership rates are set to fall in the UK, US and Spain, according to research from the Royal Institution of Chartered Surveyors. In the UK, the owner-occupier rate has fallen by 3 per cent to 68 per cent since hitting its peak in 2003. The drop in the US has been more modest, falling […]

Towergate acquires A1 Financial Services

Towergate Financial, the financial advice business of Towergate Group, has acquired Wetherby-based firm A1 Financial Services. A1, which provides advice on pensions, mortgages, financial planning, and life assurance, will fall under Towergate Financial’s North region under the leadership of regional managing director Simon Jones. A1 founder Mel Jones will work alongside Jones to help transfer […]

Bless this happy house

The recent RDR debate in the House of Commons, attended by 80 MPs demonstrating rare cross-party support, was turned into more of a lecture on anti-RDR reasons than a Parliamentary debate and received little national press or broadcast time. I am pleased that Harriett Baldwin and Mark Garnier have become champions of IFA and consumer […]


Govt calls on industry to develop simple products

The Government has called on the industry to develop simple savings and protection products as a priority as it launches a consultation on simple financial products. The consultation, launched today, looks at proposals that will promote personal responsibility and enable consumers to better compare financial products. The Treasury says previous experience with simple product initiatives, such […]


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