Without doubt there have been a number of significant changes to VCT and EIS legislation in the past two years, putting additional pressures on managers and their deal flow, while at the same time demand continues to grow.
Advisers need to carefully consider the merits of a VCT or EIS product and its manager, to ensure both match investor needs.
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So knowing how to spot a good VCT or EIS manager is a definite benefit.
Jack Rose is head of tax products at LightTower Partners
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