The news for Cash ISA (Individual Savings Account) investors keeps getting worse. A year ago in February, we did a bit of number crunching. See an extract from our report from that time: Cash ISAs – Depressing, Dismal – Or Daylight Robbery? Our objective was to calculate the average return on Cash ISAs. Bear in […]
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 […]
Interest rates are low and look set to stay that way for a while. Cash deposits that qualify for Individual Savings Accounts offer an average return of 1.03 per cent, according to research carried out by Money&Co. Our lenders, in the four years we have been facilitating peer-to-peer (P2P) loans, have achieved returns of over […]
It’s time to do the sums. Figures recently released by the tax authorities reveal a shocking story of how poorly mainstream finance (banks and building societies to the fore) have served investors and savers. The raw data from HMRC can found here. Our analysis of the highlights – or should that be lowlights? – is […]
With new loan offerings landing imminently on site we revisit a recurring theme of our reporting on the peer-to-peer (P2P) business lending scene: the key factors of asset appraisal – security, access and yield. Let’s use these criteria to scrutinise our own P2P loans (average gross yield of over 8 per cent across £11 […]
What’s alternative as opposed to mainstream? Peer-to-peer (P2P) loan yielding 9 and 8 per cent (our current offerings) are certainly an alternative – providing you understand the relative risks involved – compared to cash deposit accounts. Our recent research shows the average cash return for ISA-linked accounts is just 1.03 per cent. Bear in mind, […]
As we review the good returns available from our latest loan offering – with more in the pipeline – we revisit the alternatives. 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 […]
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. […]
Is the Cash ISA dead, as our friends at The Daily Express report? Nicola Horlick, CEO of Money&Co. believes that the coming ISA season will revolutionise the savings market, and that cash deposits offer very poor value (at 1 per cent and a little more, if you’re lucky – with inflation at 3 per cent). […]