As we transition out of the pandemic, it will become an even more urgent priority to invest in business that are looking to adapt and evolve. VCTs offer investors the opportunity to support this innovation while also capitalising on key income benefits.

However, with the market set for a record year amid the shifting VCT landscape, advisers and investors must take into consideration a variety of factors to ensure they are capitalising on current demand.

If VCTs are thoroughly considered, advisers and investors alike can reap the significant rewards that this alternative investment strategy can yield.

Jack Rose is strategic sales director at Triple Point