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 […]
The peer-to-peer lending market is now funding more than £9 billion of loans across Europe each year with two thirds (67 per cent) of this funding coming through UK platforms, according to a report from our friends at AltFi – an excerpt of the report and details of how to download the underlying research is […]
Moves are afoot to make what’s sometimes dubbed the UK’s “most hated” tax a little easier to avoid. If you give away assets and then survive seven years, the gift becomes free of Inheritance Tax (IHT). If the donor dies before seven years, the gift is partially exempt, depending on the length of the period […]