News
Octopus to focus on VCT opportunity as it closes existing EIS products to further investment
On the back of the latest pension reforms, Octopus Investments has decided not to launch new fundraises for its existing EIS product range as it focuses on growing its VCTs on the back of increased demand from advisers. Octopus said in a statement: “We’re seeing a lot more demand for our range of VCTs on the back of the latest pension reforms as more people look for complementary tax efficient solutions to support their retirement planning. We saw record breaking inflows into our Octopus Titan VCT, which is the largest VCT in the UK investing into some of the UK’s… continue reading
April 20, 2016