The UK’s top financial watchdog, the Financial Conduct Authority (FCA), is quite rightly keeping a vigilant eye on new and fast-growing areas of finance. Above all, it is looking to safeguard the wellbeing of retail consumers of financial products 9roughly translated as investors and savers). It is also taking the simple and bold step of […]
Next tax year will see peer-to-peer (P2P) loans becoming eligible for Innovative Finance Individual Savings Accounts (IFISAs). That means investors get all the benefits of tax-free savings up to £15,240 per annum. The average rate achieved by Money&Co. lenders being just over nine per cent (eight per cent net of charges). If you invested the […]
The numbers have been crunched – and crowdfunding growth will come with NISAs New research from boutique finance house, Liberum, reveals that almost two thirds of British investors have never heard of peer-to-peer (P2P) or Person-to-business (P2B) crowdfunding. The research also shows that just one person in fifty has invested, or has taken an active […]