Opinion  

AIC confident VCTs can cope well with restrictions

Annabel Brodie-Smith

Finally, Fidelity FundsNetwork are the first of the big three adviser platforms to introduce investment companies.

Approximately 50 investment companies went up in early December and their long-term plans are to allow further access to investment companies.

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The reaction of the other platforms, has been interesting, with Old Mutual Wealth expecting to deliver access to investment companies as part of a project to update their platform technology.

Cofunds has also said it would look at developing a service for investment companies but currently has higher priority projects.

Ultimately, time will tell what this year brings to the investment company industry.

Annabel Brodie-Smith is communications director at the Association of Investment Companies