EIS

Guinness Asset Management has appointed Malcolm King as investment manager on the Guinness EIS team.

WEALTH MANAGERS

ALTERNATIVES

There had been strong hints the new financial services regulator, the FCA, was preparing to make the right decision about whether VCTs and EIS could be sold to ordinary retail investors.

The Financial Conduct Authority (FCA) is planning a consultation on the sale of new complex financial products created by banks and building societies to boost capital.

Venture Capital Trusts (VCTs) and Enterprise Investment Schemes (EIS) have been granted an exemption from the FCA's ban on sales of unregulated collective investment schemes (UCIS) to retail investors.

The Financial Conduct Authority (FCA) has banned the sale of unregulated collective investment schemes to ordinary retail investors.

CROWDFUNDING

GOSLING'S GROUSE

ALTERNATIVES