Tax Efficient

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.

Highlights from the first ever BPR showcase event, held at the London Stock Exchange. An audience of over 60 financial advisers networked with and heard from eight leading fund managers who between them represent over 90% of the BPR investment universe. The showcase format allowed advisers to compare eight BPR investment solutions in one morning, and gave managers the opportunity to pitch their investment strategies directly to IFAs.

Robert Davis from Calculus shares his thoughts on the outlook for the EIS Industry and how it is responding to a number of changes in the investment environment, including changes to pensions and the rules governing tax-advantaged venture capital schemes such as EIS.

Robert Davis from Calculus lifts the lid on their investment process from start to finish, telling us how they source and select deals, how they add value ongoing and how they eventually exit.

Annabel Brodie-Smith, Communications Director at the AIC discusses the recent rule changes for VCTs and the outlook for the sector with Dr. Paul Jordan, CEO of Amati Global Investors, manager of Amati VCTs, Tom Thorp, Director at Foresight Group, manager of Foresight VCTs and Stuart Veale, Managing Partner at Beringea, manager of ProVen VCTs.