Wednesday midnight represents an important deadline for individuals looking to get a good, tax-efficient return on their money. But the problem with deadlines is that they often push people into making poor decisions. Football clubs have two transfer windows each year and there must be many board directors and managers who regret having made hasty […]
The Innovative Finance ISA launched just under a year ago, but most lending platforms are still unable to offer it as they require full FCA approval in order to do so. As the larger lending platforms receive their FCA approval, investors will begin to hear more about this interesting option in the ISA market. Investors […]
Our communications director, Martin Baker, offers his annual Janus-faced analysis of the alternative finance scene. Another year rolls in, and it’s time to look at what 2017 might bring – and what 2016 offered. To do this, I propose to examine my predictions from this time last year, re-evaluate where these recurring industry themes are […]
Many people now have a Self-Invested Personal Pension (“SIPP”) or a Small Self-Administered Scheme (“SSAS”) for some or part of their pension arrangements. An interesting statistic is that almost half of the assets sitting in these schemes are held in cash, despite the fact that the rates offered by pension administrators range from zero to […]
Today’s news stories focus on recent calls for change in the equity and our own peer-to-peer (P2P) crowdfunding sectors. Change is inevitable in a young industry. But is it good? Here are our modest, tentative proposals for equity and debt crowdfunding. The Peer-to-Peer Finance Association (P2PFA) has said it wants tighter regulation. Some believe the […]
Today is the BBC’s Brexit day. Our CEO, Nicola Horlick has made her views clear on Radio 5’s Wake Up To Money and on Radio 4’s Today programme. For peer-to-peer (P2P) lenders, she argues the overall effect of Brexit is not good. But what about the effects of Brexit on the other side of the crowdfunding […]
The three Brexiteers – Johnson, Davis and Fox – are reporting to the cabinet at Chequers today. The meeting promises to be lively. Not least because, according to Whitehall gossip, corroborated by a hearsay quote run by the BBC, “the three men ‘hate each other’”. The agenda itself, one assumes, will consist of: The legal […]
Richard Batley, an economist at Lombard Street Research, is now predicting that the UK will tip into recession in the second half of this year as a result of Brexit. He points out that the UK economy was looking fragile before the shock result, with business investment slowing in the second half of 2015 and […]
The Financial Conduct Authority (FCA) produced a review of crowdfunding rules last Friday. Below, Jamie Telkman of our credit-analysis team summarises the relevant points from the FCA’s review. The FCA is soliciting the reaction of Money&Co. and other leading crowdfunding platforms to its review. We actively encourage our registered users and lenders to respond to […]
As a business that is focused on lending to UK-based businesses, there are no immediate implications for Money&Co. as a result of the vote to leave the EU. However, there will be uncertainty surrounding the future of companies that export to the European Union as it is unclear as to whether we will continue to […]