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Fears raised about due diligence on EIS products

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Several industry experts have called for in-house due diligence on Enterprise Investment Schemes, although ideas for how this can be achieved vary.

Speaking to FTAdviser, Kuber Ventures managing director Dermot Campbell explained that many advisers are relying on subjective reports from industry commentators and research houses.

“This isn’t enough. Advisers need to scan the whole market and obtain primary due diligence in the form of due diligence questionnaires.

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