FT Adviser (15/03/2019) – ISAs and pensions may be two very distinct tax-efficient wrappers, but they are both equally popular, according to the latest FTAdviser Talking Point poll.
The poll asked financial advisers which type of tax-efficient wrappers their clients used the most.
Both Isas and pensions are commonly used, as 48 per cent of advisers who voted said their clients used these two wrappers the most.
Only 4 per cent of advisers said their clients invested in venture capital trusts, while not a single adviser said their clients put cash into enterprise investment schemes.
Ricky Chan, director and chartered financial planner at IFS Wealth and Pensions, said: “The results don’t surprise me at all. I’m actually quite pleased to see VCTs and the EIS quite low down.”
Full article link: https://www.ftadviser.com/pensions/2019/03/15/isas-and-pensions-are-most-used-tax-wrappers/
