View more on these topics

Quester sticks with proven VCT record

Quester is looking to capitalise on the resurgence of technology related investments with the introduction of its fourth version of the venture capital trust, VCT 4.

It is aimed at investors who want to reduce the amount of tax that they pay and at the same time are willing to put up with a high degree of risk.

VCT 4 will invest in a spread of unquoted UK companies that appear to have good growth opportunities, including technology-related companies with international potential as well as companies with an established track record.

Venture capital trusts are exempt from capital gains tax and income tax on dividends received from UK based companies. Many VCTs cover a wide range of sectors to spread the investment risk, but VCT 4 has a specialised focus and it is not unique.

On the whole, VCTs have a greater degree of risk compared to other tax efficient products designed for the same purpose. This is because they tend to invest in small start-up companies which have a greater chance of failing than established larger ones.


Discount loan to aid adverse-credit borrowers

Non-conforming lender Mortgages plc is offeringa two-step discount loan in conjunction with Mortgage 2000 for borrowers with irregular credit histories.The product comes with a 1 per cent discount until next December, transferring to a 0.5 per cent discount to December 2002, with an initial payable rate of 9.49 per cent.It is available to both employed […]

&#39Life offices favour voluntary watchdog&#39

Life offices would be more willing to co-operate with the new Financial Ombudsman Service if membership is voluntary rather than compulsory, claims a top academic.London Guildhall University senior professor of financial services Peter Tyldesley, who has been commissioned to conduct a three-year study into the insurance ombudsman, believes insurance companies are more likely to co-operate […]

CJD furore sees doctors taking out critical cover

Specialist IFAs are seeing a sharp increase in the number of medical professionals taking out critical-illness cover as a result of fears over CJD.Hatfield-based IFA Portfolio Insurance Consultancy principal and deputy chairman of Aifa&#39s critical-illness working party Brian Lentz says, due to a number of recent medical horror stories, medical professionals are taking out more […]

Make sure it&#39s you, not them

Most IFAs have clients who regularly buy National Lottery tickets through a workplace syndicate.Playing the lottery may seem simple – you choose six numbers and wait for the inevitable disappointment – but there are two areas that should be given just as much thought as choosing those all-important six numbers.First, how many clients are aware […]

Testing the Foundation

The global economy isn’t headed into recession, at least not yet. This month, David Lafferty, Chief Market Strategist at Natixis Global Asset Management, examines current capital market and portfolio risks for signs of recession. Click Here for Capital Market Notes


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