AIM Industry Report 2017/18

DISCLAIMER This publication is not included in the CLA Licence so you must not copy any portion of it without the permission of the publisher. All rights reserved. No parts of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means including electronic, mechanical, photocopy, recording or otherwise, without written permission of the publisher. This publication contains general information only and the contributors are not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional adviser. Neither the contributors, their firms, affiliates, nor related entities shall be responsible for any loss sustained by any person who relies on this publication. The views and opinions expressed are solely those of the authors and need not reflect those of their employing institutions. Although every reasonable effort has been made to ensure the accuracy of this publication, the publisher accepts no responsibility for any errors or omissions within this publication or for any expense or other loss alleged to have arisen in any way in connection with a reader’s use of this publication. This publication is based on the authors’ understanding of the arrangements detailed, the current legislation and practice as at September 2017 which could change in the future. It is not an offer to sell, or a solicitation of an offer to buy, the instruments described in this document. Intelligent Partnership is not authorised and regulated by the Financial Conduct Authority and does not give advice, information or promote itself to individual retail investors. It is the responsibility of readers to satisfy themselves as to whether any arrangement contemplated is suitable for recommendation to their clients. Tax treatment depends on an investor’s individual circumstances and may be subject to change. Certain investments carry a higher degree of risk than others and are, therefore, unsuitable for some investors. 86 PROVIDE FEEDBACK CLAIM YOUR CPD Intelligent Partnership has achieved accredited status for AiR from the CISI, CII and PFS. Members of these professional organisations represent the majority of the insurance, investment and financial services industry. Readers of the industry report can claim one CPD hour towards their CISI, CII or PFS member CPD scheme for each hour spent on the report. The CPD hours claimed should reflect the length of time spent studying the material. The review process included an assessment of the technical accuracy and quality of the material against CPD accreditation standards. Achieving the recognised industry standard afforded by these organisations for this report, and our training, demonstrates our commitment to delivering only balanced, informative and high quality content to the financial services and investment community. In order to obtain CPD and meet accreditation standards, readers must complete a short questionnaire and provide feedback on the report. This includes 12 multiple choice questions to demonstrate learning and a feedback form to assist in the compilation and improvement of future reports. To claim CPD please visit: Intelligen t-partnership.com/cpd Intelligent Partnership actively welcomes feedback, thoughts and comments to help shape the development of this industry report, with a particular interest in the topics readers would like to be covered in more detail in interim and future annual reports. This report is produced on an annual basis and is compiled through the conducting of research and surveys with providers, promoters and practitioners within the alternative investment industry. Greater participation, transparency and fuller disclosure from industry participants should help foster best practice and drive out poor practice. Feedback can be given on the website or via email: Intelligen t-partnership.com/feedback Reports@intelligent-partnership.com Participation and feedback are gratefully received. www.intelligent-partnership.com CPD AND FEEDBACK STEPS AFTER READING