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Octopus to offer VCTs through Transact

Octopus Investments is to allow investors to buy and hold shares in its Venture Capital Trusts through adviser-facing platform Transact for the first time.  The launch of the service follows a change announced in the Finance Bill 2014 which allows investors to buy VCTs directly via a platform. Previously, investors could only transfer their holding to […]

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Convicted fraudster sentenced to extra four years

A convicted fraudster has been sentenced to an additional four years in prison by Westminster Magistrates’ Court after failing to make any payments towards a £364,000 fine, following an investigation by the Serious Fraud Office. In April 2012, US national Brian O’Brien was extradited and convicted for his part in a £4m boiler room fraud. […]

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Neil Liversidge: The trouble with the EU referendum

Democracy is in a state of fundamental change in our country and I do not just mean the recent election. As a nation we have been navel-gazing on the EU since 1973 and on devolution for about as long. The seemingly insoluble questions of whether the UK should be in or out of the EU […]

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What’s in pensions minister Ros Altmann’s in-tray?

Increasing auto-enrolment contributions, reforming tax relief and extending new guidance service Pension Wise should be priorities for the new pensions minister, say industry experts. This week former Saga director general and older workers’ champion Ros Altmann was appointed pensions minister as part of the Government’s reshuffle. The pensions industry wasted no time in setting out […]

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