Simon Rogerson highlights the benefits of using venture capital trusts
The financial crisis has had a major impact on clients' long-term financial plans as well as their day to day spending. In particular, many clients have found that the value of their pension has fallen dramatically and they are now looking at how to address the potential shortfall. This is where venture capital trusts (VCTs) can help. VCTs can be used with self invested personal pensions (SIPPs) to create compelling financial planning solutions. The typical response to this suggestion, certainly from clients, is that it is too risky. In an environment where the client is seeing thousands ...
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