AIC has called on FSA to exclude Venture Capital Trusts (VCTs) from its proposal to ban sales of unregulated collective investment schemes and close substitutes to retail markets. It says investment trusts fall outside the proposals and it believes VCTs should also do so as they operate in the same way as investment trusts in all relevant respects. (Source:AIC Calls for VCT Exclusion from Retail Ban)
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AIC calls for vcexclusion from retail ban
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