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Personal Investment Authority |
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Personal Investment AuthorityA Self Regulating Organisation (SRO) authorised by the Financial Services Authority (FSA) which regulates the majority of companies conducting investment business with private investors in the financial services market.The PIA replaced FIMBRA and LAUTRO and some activities of IMRO and the SFA in 1994.All regulatory functions of the PIA were taken over by the Financial Services Authority (FSA) in December 2001.Similar MatchesInvestment companyInvestment companyA firm that that invests the funds of investors in securities appropriate for their stated investment objectives in return for a management fee. See also: Mutual fund. Real estate investment trustReal estate investment trustIn the US, a publicly traded investment trust which invests the capital of its shareholders in real estates.Some REITs, called 'Equity Reits', take equity positions in real estate, receiving income from rents and capital growth from selling buildings.Others specialise in lending money to property developers, their income coming from interest payments on those loans.Hybrid REITS do a mixture of equity investing and property lending.REITs enjoy special tax advantages provided 75% or more of their income comes from property and 95% or more of their net earnings is distributed to shareholders annually. Future investment opportunitiesFuture investment opportunitiesThe identification of additional, more valuable, investment opportunities in the future that result from a current opportunity or operation. Investment letterInvestment letterA letter of intent between the issuer of new securities and the buyer, in the private placement of these new securities. The letter of intent establishes that the securities are being bought for a minimum time period and are treated as an investment, not for resale. If no such letter exists, the securities must be registered with Securities and Exchange Commission. Regulated investment companyRegulated investment companyAn investment company allowed to pass capital gains, dividends, and interest earned on fund investments directly to its shareholders so that it is taxed only at the personal level, and double taxation is avoided. Further Suggestionsreturn on investmentTrade-related investment measure Systematic investment plan Normal investment practice Automatic reinvestment Finite Life Real Estate Investment Trust (FREIT) Overinvestment Association of Unit Trusts and Investment Funds Investment opportunity set Monthly investment plan Foreign investment argument for protection Unit investment trust Direct Foreign Investment Securities and Investments Board investment Investment club Registered investment adviser Zero investment portfolio Green field investment Investment software Investment certificate ethical investment Reinvestment effect Enterprise Investment Scheme Investment |
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