Investors hungry for income, especially those approaching retirement or in early retirement, have been turning to venture capital trusts and enterprise investment schemes.

According to Paul Mattick, head of sales and investor relations for Mercia Asset Management, pension savers have been attracted not only by the tax-efficient nature of the investments, but also the potential for income that, in a world of low growth, can help boost retirement pots.

He tells FTAdviser In Focus what the success of VCT and EIS fundraising has been over the past 12 months and whether too much pensions policy tinkering has turned people towards the asset class to fund their retirement.

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