Publications are no longer accredited as of 21 September 2023.
The report comprises a summary of VCT, an update on the market today, tips on how to advise on VCT, an analysis of current investment opportunities, and surveys and interviews with both IFAs and investment providers to get a temperature check on how they perceive the sector.
We strike a balance between covering old ground for the benefit of new readers, and looking at new developments and interesting areas that we haven’t covered before. New readers who want more depth on some of the basics, such as the benefits of a portfolio approach or how to carry out due diligence, should download copies of previous reports to find more detail.
Key Findings:
- Seven in 10 advisers believe that VCTs can coexist alongside ISA and pension
- This year’s demand for VCTs may well outstrip supply, leading to a capacity crunch
- Competition is decreasing in the market with 25% less VCTs in 2015 raising the same amount of money as in 2014
- 75% of VCT-backed companies had undertaken some form of innovation, spending £181 million on R&D in 2015 alone
- A 2016 VCT holds 38 investee companies on average
- VCT-backed companies have created over 20,000 new jobs