Venture Capital Trusts (VCT)

Should Advisers be Reconsidering VCTs? Many advisers will be considering increasing their use of VCTs in the light of recent changes to our pension system – lower annual and lifetime limits, restrictions on what high earners can save and the threat to higher rate relief. But ironically, just as it feels as though the VCT sector’s day has finally come, in the 2015 Budget we have witnessed the most dramatic revisions to the rules that govern VCTs since the scheme’s inception two decades ago. Should advisers be put off by these changes? They have been driven by the need to… continue reading