When considering tax-efficient investments, advisers and clients should be fully aware that investments are in unquoted stocks which are therefore likely to be high risk and illiquid. Therefore, there is only so much control the adviser and client may have over the investment and timings. However, there are simple steps advisers can take to at least in part attempt to take control of the potential timings, such as when the client may be able to claim any potential tax reliefs and when they ultimately may be able to exit.