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Do you have clients with large pension pots?

For professional advisers and paraplanners only. Not to be relied upon by retail clients.

A VCT investment could help your clients that have big pensions.

That’s because they’ll likely be constrained by the Lifetime Allowance (LTA).

Since it was introduced the LTA has been reduced meaning many more clients are now at risk of breaching their limit, incurring an extra tax charge.

How could such a client continue to invest tax efficiently?

For someone comfortable with the risks, a venture capital trust (VCT) is an alternative way to continue investing for retirement.

This blog post from Octopus explains how.

Read the blog HERE

FYI – If you’re looking to recommend a VCT to your client, Octopus Apollo VCT is currently fundraising. You can learn more about the VCT, and hear from the team behind it, in this webinar on Tuesday 3 September at 11am.

Register for the webinar HERE

Key VCT risks:

  • The value of a VCT investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
  • Tax treatment depends on individual circumstances and may change in the future.
  • Tax reliefs depend on the VCT maintaining its VCT-qualifying status.
  • VCT shares are by their nature high risk, their share price may be volatile and they may be hard to sell.

VCTs are not suitable for everyone. Any recommendation should be based on a holistic review of your client’s financial situation, objectives and needs. We do not offer investment or tax advice. This advertisement is not a prospectus. Investors should only subscribe for shares based on information in the prospectus and Key Information Document (KID), which can be obtained from octopusinvestments.com. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 03942880. Issued: August 2019. CAM008620-1908

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