Tax Efficient

On Thursday 3 November at the Marriott Grosvenor Square Hotel, Mayfair, nearly 400 industry professionals came together for the second annual Growth Investor Awards, organised by Intelligent Partnership.
The ceremony included a scene-setting film about growth capital, with perspectives from a range of founders supported by finalists that have benefited from investment and associated support. The event also featured keynote speeches that highlighted to importance of companies using tax advantaged venture capital schemes to help them scale up quickly, as well the need to support SMEs that are creating jobs, generating tax revenue and helping to drive Britain’s economic recovery.

Our Managing Director Guy Tolhurst was interviewed at The Seed & EIS Hour. He spoke about his firm’s approach to training and education for the financial advisory community (IFA) community, and recognising excellence through the Growth Investor Awards.

Gordon Pugh from Blackfinch discusses why there are more advisers using BPR solutions, including changes in the demographic and the trend of younger investors coming into the market. He also shares his thoughts on the political outlook and robustness of the legislation around this area.

Henny Dovland from Time Investments tells us there is more awareness of BPR solutions among financial advisers and retail clients, including how they work, where to find them and how they fit into a client’s portfolio. She also reveals the stability in legislation helps build confidence in recommending BPR products and finally discusses what makes Time Investments different.

Nick Morgan tells us about the background of Foresight and its BPR solutions. He explains the impact of the IHT changes, the lack of understanding the changes and how advisers have been pressurised by pension based planning. He thinks better understanding, better education, more competition and more providers working in this space are the key factors driving the demand for BPR investment products. He also touches on the diversity of Foresight’s client base and the nature of its underlying investments.

Belinda Thomas tells us about the story behind Triple Point and its BPR offers. She thinks the frozen nil rate band and new tax rules on non-doms mean more investors are falling into the IHT net and this is why advisers are increasingly using BPR based solutions. Finally, she discusses Triple Point’s leasing and lending model.

In this interview, Lawrence Callcut talks about the history of Downing and how the tax efficient investment market has developed in recent years. He tells us the increasing IHT take and more people becoming liable to inheritance tax are the main reasons underpin the growing demand for BPR based investment solutions and talks about Downing’s long track record in the tax efficient market.

Mark Williams tells us about the background of Octopus Investments and shares his thoughts on why more and more advisers are utilising investments that qualify for BPR. He explains why he thinks the new residence nil rate band will not reduce the IHT burden significantly, and how BPR investments align what investors want from the estate planning service to government objectives. Finally, he highlights the scale and track record of Octopus Investments.

James Hipkiss talks about the business of Oxford Capital and the configurability of its estate planning BPR investment. He also shares his thoughts on why BPR is becoming popular with advisers, including the growing prevalence of IHT liabilities, the ageing population and the control and flexibility of BPR for investors who experience changes in circumstance.