The end of the tax year is approaching. For investors who want to enjoy the tax-free advantages of the Individual Savings Account (ISA), the waiting is over. Now, it’s very much a case of use it or lose it. Monies must be committed by 5 April – if not, the opportunity is lost for good. […]
Today, we explain how to get the benefit of the high yields available via cutting-edge technology investment – even if you don’t bother much with modern technology. In fact, even if you haven’t got so much as an email address. There’s much talk in the mainstream and digital media of the way financial technology (FinTech) […]
What’s the average yield on a peer-to-peer (P2P) loan? How do you get a quick, fast P2P loan? What does P2P borrowing entail? All these questions – and many more – are answered on site in the Knowledge Hub at the foot of most pages (Click on “About P2P”, “About Crowdfunding”). For lenders looking to […]
A slew of new loans are due on site – with one just attaining the 100 per cent filled level – as we move into the main Individual Savings Account investing season. We thought we’d revisit blog by our CEO, Nicola Horlick, who opines on the benefits of making a loan and waking up your […]
Today we revisit a truth and an injustice. Money&Co. has conducted research that reveals the average return on Cash ISAs. Bear in mind that the current rate of retail price inflation in the UK stands at 3 per cent. The average Cash ISA yield came out at 1.03 per cent. That’s a big disappointment for income-dependent […]
A new loan offering has landed on site. The aeronautical image is particularly apt, as the borrower describes itself as “a light aircraft engine overhaul and refurbishment business that specialises in Lycoming and Continental piston engines. We have a team of 20 staff including 13 highly skilled engineers, who carry out their refurbishments to the […]
It’s Individual Savings Account (ISA) season. Invest £20,000 before 5th April, and that money earns you income tax-free. If you invest in an equity fund, capital gain is also tax-free. In the world of saving and investing, it’s an unmissable, open fiscal goal. But what income will you get if you invest in a Cash […]
The Individual Savings Account (ISA) season rolls on, and the hot topic is just how much money will migrate from poorly performing Cash ISAs to higher-yielding products.P2P Finance News reports on some recent Money&Co. research. SAVERS relying on cash ISAs are facing a “dismal and depressing” 1.03 per cent return on average, Money&Co has warned. […]
We have spent hours doing some important numbers. Our objective was to calculate the average return on Cash ISAs. Bear in mind that the current rate of retail price inflation in the UK stands at 3 per cent. The average Cash ISA yield came out at… 1.03 per cent. Money&Co. looked at 233 ISA-investable cash accounts. […]
Once upon a time, cash was king. Nowadays, for income-hungry investors and savers, it’s a killer. Base rates have moved off their record low of 0.25 per cent to a still-measly 0.5 per cent. But savings rates on cash deposits remain stubbornly low – with minor banks offering 1.3 as the best easy-access account, according […]