The Association of Investment Companies (AIC) has named the top 20 performing and most consistent investment companies over the past decade.
The Venture Capital Trust (VCT) sector raised £402.5m in 2012/13, up 22% on the previous tax year, according to data published by the Association of Investment Companies (AIC).
The AIC’s Jacqueline Lockie says one adviser’s question on gearing highlights the need for education on investment firms.
With restrictions on annual pension contributions being cut from £50,000 to £40,000 and the lifetime limit on savings qualifying for tax reliefs dropping from £1.5m to £1.25m for the 2014-15 tax year, retirement planning for high net worth individuals has never been more challenging.
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