Defaqto has revealed that 25 investment providers and teams are in contention for its inaugural Tax Advantaged Awards which will be presented later this month.
Nine categories cover Enterprise Investment Schemes (EIS), Seed Enterprise Investment Schemes (SEIS), Venture Capital Trusts (VCTs) and Business Relief (BR) investments.
Long-term performance data was collected and collated by research business MICAP, part of Defaqto Unity, to assess investment propositions.
Based on its assessment, the awards shortlist (in alphabetical order) is as follows:
EIS exit
• Ascension EIS Fund
• Deepbridge Technology Growth EIS
• Parkwalk Opportunities EIS
EIS return champion
• Calculus EIS Fund
• Fuel Ventures Follow-On EIS Fund
• Molten Ventures EIS
SEIS exit
• Haatch SEIS Fund
• SFC Angel Fund SEIS
VCT
• Albion Enterprise VCT plc
• Foresight Enterprise VCT plc
• Octopus – Apollo VCT
VCT newcomer
• Blackfinch Spring VCT plc
• PXN Growth VCT plc
• Triple Point Venture VCT plc – Venture shares
AIM BR
• Charlotte Square Investment Managers AIM Portfolio Service
• City Asset Management AIM Portfolio Service
• Downing AIM Estate Planning Service & ISA
Unlisted BR Generalist
• Downing Estate Planning Service
• Foresight Inheritance Tax Solution
• TIME BR Service
Unlisted BR Specialist
• Puma Heritage Estate Planning Service
• Triple Point Estate Planning Service
Unlisted BR Boutique
• Downing Growth Estate Planning Service
• PXN Inheritance Tax Planning Service
• Zenzic Estate Planning Service
Mark O'Donnell, senior investment consultant at Defaqto, said: "As changes to inheritance tax bring more individuals into scope and ISA allowances remain frozen, advisers are increasingly looking beyond traditional tax-efficient wrappers when building client portfolios.
“Tax-advantaged investments can offer diversification benefits and potentially enhance post-tax returns for clients and their beneficiaries.”
The winners of the inaugural Tax Advantaged Awards will be announced at a ceremony at The Ivy Soho Brasserie in London on Wednesday 25 November.
Andy Parsons, head of insight at Defaqto, said: “Tax-advantaged investments can play an important role in Financial Planning, and these awards provide an opportunity to recognise those who have demonstrated consistent skill and delivered strong outcomes for investors over time.”