View more on these topics

Octopus Investments rewrites product literature

Octopus Investments is overhauling its product literature in response to the FSA’s structured product review findings.

The recently launched Octopus secure VCT will rebrand as Octopus VCT and changes will be made on enterprise investment scheme and inheritance tax products.

This month, AWD Chase de Vere said it was reviewing literature for other types of investments after the FSA’s structured product review and pledged to contact product providers where it had concerns over wording.

Octopus director of investment business Karl Jentoft says: “We want investors to see the promises we are making and make sure that it is clear, understandable and they can make good decisions based on that.

“We are working to make sure that our fees are up front and the risks are outlined. For the product we launched recently, we have materials that we cannot use but that is just the cost of doing business.”

Downing Corporate Finance is also removing the word “protected” from its series of ven- ture capital trusts and is clari- fying brands across its differ- ent ranges.

Octopus is launching the fourth generation of its Titan venture capital trust and plans to introduce more core investments with a multi-manager approach. It is in discussions with firms about more joint ventures sim- ilar to those it struck with Openwork and Paradigm to support distribution.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm