One in three investors looking to EISs in next 12 months - research

Londoners most keen on schemes

Tom Ellis
clock • 2 min read

Almost one-third (30%) of consumers are looking to invest by way of an Enterprise Investment Scheme (EIS) over the next 12 months, according to research from IW Capital.

The tax-efficient investment firm's survey of 2,000 UK consumers also found nearly two-fifths (38%) of millennials - those aged 18 to 34 - are factoring EIS investments into their plans over the course of the next year. Despite those numbers looking to make the most of the schemes, the survey also found more than a quarter (27%) of UK consumers had no intention of doing so at all. Following the Bank of England's decision to cut interest rates to the lowest level in British history, IW Capital undertook research to explore what effect this decision had had on consumers' attitudes to al...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read