With the tax year end in sight, advisers will be busy ensuring that clients’ affairs are well placed to minimise tax liabilities. Venture Capital Trusts are just one of the tax-efficient investment options that appeal at this time of year.
On this special TEI edition of the IFA Talk Podcast, Sue and Matt are joined by Mark O’Donnell, Head of Research at MICAP.
As a part of Defaqto, MICAP are the leading provider of research and reporting solutions for financial advisers recommending tax-advantaged products like VCTs.
Mark tells us about MICAP and his role within the company, as well as explaining Venture Capital Trusts for advisers who may be unfamiliar.
He then goes on to explain why advisers should have VCTs on their radar, and why they should recommend them as part of their clients’ portfolios.
Mark also provides his view on the fundraising environment for VCTs in 2024, given the challenging nature of the general economy.
Lastly, Mark rounds off by revealing how VCTs are currently performing and outlines the key factors which advisers must consider when recommending VCTs to their clients.
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Disclaimer
IFA Talk is for financial professionals only. All material has been carefully checked for accuracy, but no responsibility can be accepted for inaccuracies. Wherever appropriate, independent research and whatever necessary legal advice should be sought before acting on any information contained in this podcast.
Value of investments and income from them go down as well as up, so you may not get back the amount you originally invested.
