George Osborne confirmed which activities would be excluded for VCT, EIS and SEIS
Ombudsman points out complainant could get more if they take the network to court.
Popularity of such schemes is growing among advisers, but selection and suitability skill is often lacking.
“I’ve listened to your concerns and as a result I’ve made a commitment to introduce greater flexibility,”says David Gauke, MP.
Share offer for Apollo VCT comes just two months after Octopus Titan VCT launched a £50m fundraising offer.
Adviser says it is positive another provider has entered this space to provide additional competition.
Analysis & Opinion
More on Tax Efficient Investments
There could be something to gain for advisers from the latest mooted shake-up of the pensions industry invited in the Budget.
Wraps & Platforms| Nov 02, 2015
First of the three largest fund supermarkets to offer a full range of exchange-traded products and investment trusts.
Oct 16, 2015
VCTs issued shares to the value of £435m in 2014 to 2015, a slight fall of just over 1 per cent from the value of £440m in 2013 to 2014.
Interview| Sep 18, 2015
With the pension reforms, Judith MacKenzie, partner and head of public equity for Downing, says people will have to think differently.
Sep 17, 2015
Tilney BestInvest study finds managers of Venture Capital Trusts (VCTs) expect fundraising levels to contract this tax year.
Sep 11, 2015
Share offer open until 1 September 2016, but may close earlier if the fundraising target of £50m is met.
Aug 27, 2015
Universe for Aim VCT managers is restricted, while for generalist VCTs it should be easier, experts say.
Review| Aug 20, 2015
SRI fund with up to 8 per cent return made available.