Following last Friday’s News article looking at the forthcoming rule changes to regulation in the peer-to-peer (P2P) lending sector in which Money&co. operates, comes another question: Does FCA regulation make a difference? The jury, according to this article from P2P Finance News (excerpt below) is definitely out on this one. When Lendy collapsed last month, it was […]
More, or less? After recent high-profile failures in the Peer-to-peer (P2P) lending sector, some commentators have been predicting a dark, diminished future for P2P. As regular readers might surmise, our view is “serve them right” for players who’ve gone for growth at the expense of quality (see this earlier News piece). The current uncertainty has […]
Our friends at P2P Finance News bring news of expected changes to P2P regulation. We recently consulted with the Financial Conduct Authority holding a series of constructive and useful meetings. We look forward to the engagement between the FCA and the Tax Incentivised Savings Association (Tisa), which is well-run and has good people working for […]
The Oxford University Law Faculty looks at regulation in the light of what it calls a data-driven Big Bang. This paper examines initiatives in financial and trade reporting (MiFID II), data protection (GDPR) and open banking (PSD2) – all of which have Europe-wide effect. The argument runs that the collective effect of these separately designed […]
Cryptocurrencies, with Bitcoin to the fore, had a very good four weeks to the middle of May, with Bitcoin, the bellwether of cryptos, gaining in value by around 20 per cent. There’s been a retrenchment since then, but general interest in cryptos has been piqued once more. So the following warning from the Financial Conduct […]
As we’ve said before, times are tough for income-hungry investors. Interest rates remain low, and traditional savings products mostly lag inflation. So the hunt for income is always on, as noted by our friends at P2P Finance News. ISA SEASON may be a distant memory but there are still tax-wrapper product launches to look forward […]
Loans from property-backed Seascape (currently we are offering number 22 in the series) continue to prove popular. The latest A-rated tranche yields 8 per cent gross, at a fixed rate for five years. After less than a day, the issue is 36 per cent subscribed. Bear in mind that while there is no profit without […]
A house can be more than a home. It can also be a serious tax problem. Average house prices in England are nearly a quarter of a million pounds and the threshold for Inheritance Tax (IT) on death is £325,000 (after which tax applies at a flat 40 per cent rate). London average prices are […]
With two loans close to closing, we thought we’d remind visitors to the site of the pluses and minuses of lending, As an investment, peer-to-peer (P2P) loans can be rewarding if you know what you’re doing. Our lenders have averaged a gross return of more than eight per cent in the five years we’ve been […]
Market liquidity – the availability of buyers if you want to divest yourself of a loan holding – is a side-issue of our recent short series of articles looking at investing in peer-to-peer loans via investment trusts. Investment trusts have had their problems, but they operate in a market where there’s pretty much always a […]