VCT market tipped to flourish post-Covid (FT Adviser)
- On October 28, 2020
- By GrowthInvest Marketing
The venture capital trust market is likely to see a surge in investor appetite as fears of tax hikes loom large, experts have predicted.
Alex Davies, founder and chief executive of Wealth Club, told FTAdviser that he expected appetite for VCTs to grow as investors forecast imminent tax rises and further changes to pensions.
He said: “The more pensions are restricted, the wider the appeal of VCTs will become. Likewise, if income tax goes up, VCT investment will go up.”
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