Happy New Year! This year, one of the exciting new developments we have planned is to broaden the Worthstone ‘book-ends’ on the impact spectrum to deliver more investment content. We are detecting a ground swell of change in investor attitudes towards achieving an intentional and demonstrable positive social outcome, as well as a financial return, […]
At the latest Social Investment Academy on 2nd November 2016, we gathered and supported a network of financial advisers and wealth managers engaged in social investment to hear from: key sector participants, market influencers, investment providers, social entrepreneurs and associated beneficiaries. Watch the short video below for a look at some of the highlights from the […]
PRESS RELEASE – 23rd November 2016 London: Philip Hammond announced the expansion of the Social Investment Tax Relief (SITR) scheme during his first Autumn Statement today. Plans have now been made to increase investments into an SITR-qualifying social enterprise to £1.5m. News of the expansion is a long-awaited and welcome addition to the social investment market, […]
Approximately £3.4mn has been invested in charities and social enterprises via Social Investment Tax Relief (SITR), a new report published by NPC for Big Society Capital has revealed. SITR has been on offer since April 2014 and allows individual investors 30% tax relief on loans or equity investment made into social enterprises and charities. IFA […]
Two of the leading accredited firms, the Red House (TRH), led by Ruth Sturkey, and Navigator Financial Planning Ltd., led by David Crozier, have signed up as Founder Partners of Worthstone, the specialist social investment service and knowledge centre. Their new partnership heralds a commitment to sustainable and impact-led investing as they prepare for the […]
We got in touch with Michael Smith from Chamberlyns to ask him about his experience on advising clients on SITR. Hear what he had to say: – For a look at SITR’s 2 year track record, read our blog – click here.