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Voluntary Sector North West
St. Thomas Centre

Ardwick Green North
Manchester
M12 6FZ
Tel: 0161 276 9300
Fax: 0161 276 9301
Email: info@vsnw.org.uk

Consultation: HM Treasury on charity pooled funds

14 August 2009

The government welcomes submissions regarding ways in which the responsibility for regulating Common Investment Funds (CIFs) and Common Deposit Funds (CDFs) can be more fully transferred from the Charity Commission to the Financial Services Authority. 

This consultation document explores a proposal to achieve this aim whilst preserving existing tax reliefs.

CIFs are investment vehicles for charities in England and Wales, and were established to give smaller charities the opportunity to invest collectively in order to benefit from increased investment opportunities and diversification. CDFs are deposit-taking schemes. Both are currently regulated by the Charity Commission.

Comment should be received by 31 October 2009.

Click here for more information.

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Contact Us

Voluntary Sector North West
St. Thomas Centre
Ardwick Green North
Manchester
M12 6FZ
Tel: 0161 276 9300
Fax: 0161 276 9301
Email: info@vsnw.org.uk