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Octopus enters deal with Paradigm

Octopus Investments Ltd has entered into a strategic relationship with Paradigm Partners to provide its offering to network members.

Paradigm has 220 member firms and 900 advisers, who will have access to Octopus’ range of tax-efficient investment solutions including VCTs, EIS and the Octopus inheritance tax service suite.

A dedicated Octopus team has been assigned to providing Paradigm members with information on the solutions available.

An Octopus spokesman says: “This in turn will enable them to offer end customers detailed advice on claiming back tax-free money and better diversifying their portfolios. The Octopus team will also be available to offer extensive sales and marketing support to Paradigm members.”


ECB cuts rates by 0.25%

The European Central Bank (ECB) has cut interest rates by 25 basis points and decided to pump €60 billion (£52.7 billion) into the eurozone economy. Interest rates now stand at 1% and the marginal lending facility was cut by 50 basis points to 1.75%. The Governing Council will also embark upon an “enhanced credit support […]


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