Category Archives: Blog

Nicola’s Blog

FCA’s 10% P2P Proposal – Show The Ferret To The Nest Egg…

Question: When is advice not advice? Answer: When it comes from the Financial Conduct Authority (FCA). Let’s start with a little context. There’s been a greater focus on the peer-to-peer (P2P) sector from commentators and regulators, following the lamentable failure of the P2P platform, Lendy. Lendy’s collapse was linked – completely unfairly – with a […]

IFAs: Sound Advice Can Bring Better Returns In Uncertain Times

In many countries, financial products are sold through banks and there is a lack of independent advice.  In the UK, clients rely on Independent Financial Advisers (IFAs) and the fact that they are independent should mean that they seek out the best products for their clients, leading to better returns.  Many clients are financially unsophisticated […]

P2P Portfolio Service Set To Spark Migration From Cash ISAs

Hello. The new year is in, and we welcome 2019 with renewed emphasis on Money&Co.’s just-launched Portfolio Innovative Finance Individual Savings Account, which is managed by Bramdean Asset Management (an FCA-regulated fund management business). This service has already attracted significant volumes of business (in the final quarter of 2018) – and the prospects look excellent, […]

Jury Still Out On Funding Circle IPO

Funding Circle is the oldest and biggest player in the peer-to-peer (P2P) market. It recently announced its intention to float on the UK stock market and raise £300 million by selling shares in the company. Funding Circle has facilitated loans of more than £5 billion to over 50,000 small businesses. The initial public offering (IPO) […]

Building A Better P2P World – Have Your Say And Help The FCA

The UK’s financial watchdog, the Financial Conduct Authority, has published a review of the crowdfunding industry and concluded that tighter regulation was needed for peer-to-peer (P2P) lending. Having read the latest materials, we heartily agree. The FCA states [it has] “observed the variety of loan-based crowdfunding business models, some of which have become increasingly complex. […]

Income-Starved Cash Investors Need Helping Hand From P2P Sector

Money&Co.’s CEO, Nicola Horlick takes a close look at recent figures released by the taxman, and draws some sobering conclusions for savers who stick with cash deposit accounts (bearing in mind that inflation has been running at nearly 3.5 per cent for several months). Below the highlights of HMRC’s data, we list Nicola’s principal conclusions. […]