With a whole year ahead of us, we’ve really no excuse. It may be that some of you missed the glaring, open goal that is making use of the tax benefits offered by Individual Savings Accounts (ISAs) – see our CEO, Nicola Horlick, on this very topic. But this time around, with a generous £20,000 of […]
We’re approaching the midnight hour for this year’s £15,240 tax-free investment into Individual Savings Accounts (ISAs). Money&Co. is offering a number of three-year asset-backed loans with a gross annual interest rate of 8% (7% after deducting Money&Co.’s annual fee of 1%). Investors who open an Innovative Finance ISA with Money&Co. will receive the income […]
It’s nearly the end of the tax year – midnight tomorrow is the final witching hour – and the traditional deadline frenzy is upon us. Our friends at P2P Finance News report that “platforms offering the Innovative Finance ISA (IFISA) have seen a spike in inflows in recent months, as retail investors clamour to make […]
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 […]
There is a quiet voice of calm amid the furore surrounding the triggering of the Brexit process last week. Editor of Money Week, Merryn Somerset Webb, deals with the political backdrop at some length, and then asks what might this mean for an individual’s financial planning. The answer is pithy: “It will, for example, remain […]
It is, as the Chinese say, later than you think. There are just five days to go to the end of the 2016-17 tax year, and the end of current IFISA season. Check it out… Tax-free annual income of £1,050+ Money&Co. is offering a number of three-year asset-backed loans with a gross annual interest […]
There’s just a week to go to the deadline for those looking to use their full £15,240 allowance of tax-free investment under the auspices of the Innovative Finance Individual Savings Account (IFISA). Our friends at Moneywise, however, ask whether, given the low number of authorisations from the FCA, the IFISA is “a damp squib”. […]
The alternative finance industry still retains its status as a well-kept secret. Some commentators in the mainstream media choose to describe peer-to-peer (P2P) lending in reductive and negative terms. Below, Money&Co. CEO, Nicola Horlick, writes about the strengths of P2P as an asset class – especially when the borrower is a carefully vetted small business […]
The leading City watchdog, the Financial Conduct Authority, has written to chief executives of peer-to-peer (P2P) crowdfunding platforms. The letter contains a warning against lending to other lenders. This is not something that Money&Co. has ever done, nor ever intends to do. But the letter is attracting media attention, so it’s very much an item for […]
Our friends at Growth Business UK remark on the state of the alternative financial industry’s challenge to mainstream banking. “Banks no longer hold a monopoly on finance, with new products such as crowdfunding and tax-efficient investment schemes allowing businesses to access vital growth capital without the added burden of time-consuming regulatory red tape. For Britain’s […]