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Advisers to take on responsibility for assessing VCTs on platforms

This article is taken from FT Adviser, where Intelligent Partnership was featured. Click here to read the original article Advisers are now more responsible for assessing suitability as investments such as there are more VCTs on platforms. Daniel Kiernan, research director for alternative investment research firm Intelligent Partnership, explained: “Ultimately, suitability is something that will sit with the adviser and not the platform or provider. So it must be hoped that if VCTs become commonplace on platforms, it doesn’t lead to complacency or mis-perceptions about what these products are.” Changes announced in the 2014 Finance Bill allowed shares in VCTs to… continue reading

October 15, 2015