Here’s a question for you. Is the Financial Conduct Authority (FCA) unintentionally offering us investment advice? Consider the proposed new limit on investor exposure to peer-to-peer (P2P) assets. This forms part of a new, sharper focus on the P2P sector, following a number of problems with unregulated investments (completely irrelevant, but linked in some minds) […]
The fallout continues from the failure of Peer-to-peer (P2P) lending platform, Lendy. Lendy was regulated by the FCA, and there are vociferous calls for compensation for investors. The City grandee Lord Myners is at the fore of the this movement, The Times reports on this (subscription required), as does P2P Finance News. FORMER City minister Lord […]
It’s fair to say that the political outlook is fraught with uncertainty. Britain’s controversial new Prime Minster doesn’t have a proper majority. A General Election in the next few months is more likely than not. If there’s a Corbyn-led Labour administration as a result, taxation of the passing on of wealth between generations is one […]
The European Banking Authority (EBA) is looking into how the business of peer-to-peer (P2P) lending is conducted. The UK P2P sector has had its own problems with the collapse of Lendy – which was regulated by the Financial Conduct Authority (FCA) but still failed. See our take on the way forward here. Problems experienced with […]
The total amount held in Cash Individual Savings Accounts (ISAs) is north of £280 billion – and , after a minor exodus to P2P assets – is climbing again. At Money&Co., we’d be delighted to see investors commit ten per cent of their cash portfolio to P2P. Of course, P2P loans, even if they are […]
The fallout from the failure of the Lendy peer-to-peer (P2P) lending platform continues. In the wake of this failure, the Financial Conduct Authority (FCA) came in for a lot of criticism. That criticism can only have been a catalytic factor in persuading the FCA to take a hard look at the P2P sector. As a […]
Providers of financial services like “sticky” money, capital that stays once it’s arrived. The fact is that small investors and savers, often criticised for “inertia”, are slow to action. Their money, generally speaking, is sticky. At Money&Co. we are committed to keeping the crowd, in the form of the small investor, in crowdfunding. The stickiness […]
Has the Financial Conduct Authority (FCA) done the peer-to-peer (P2P) sector a favour? The argument runs that the FCA has added scarcity value, and a kind of financial forbidden-fruit glamour, to the P2P sector by proposals that would limit investors’ exposure to P2P assets to 10 per cent of investors’ invested wealth. Our friends at […]
AltFi has taken the lead in research of the peer-to-peer (P2P) market across Europe. Below, we reprise a couple of salient points from AltFi’s own analysis of the data it garnered. The full article, well worth a read, can be found here. Fat margins get thinner for investors Investors in a diversified peer-to-peer lending portfolio […]
Peer-to-peer (P2P) lending can be a lucrative activity. The average yield achieved by our registered lenders over more than five years of loan facilitation on this platform is more than 8 per cent, before we deduct our one per cent charge. That return has handsomely outperformed retail price inflation, which has averaged around two per […]