A recent article in the redoubtable FT Adviser looks at the Financial Conduct Authority’s (FCA) rules on “speculative illiquid assets”. We welcome the advent of the rules, as we do the media analysis of them. But it’s very, very important to distinguish between these investments (known in many cases as “mini-bonds”) and platform lending. Last […]
Hello and welcome to the late-starting working week. Today, we’re sharing an opinion piece in FT Adviser. It’s replete with wisdom and common sense about the much misunderstood peer-to-peer (P2P) sector. Imagine an asset class where investor returns have been overwhelmingly positive every year since its inception and incredibly stable, hovering around the mid-single digits, […]
Wisdom has always been at a premium. In a financial context, it’s become more and more precious (and scarce) following the reform of the way financial products are bought and sold – specifically, the way advisers are allowed to remunerate themselves. Many independent financial advisers (IFAs) have simply given up, after a commission-based structure was […]
The mainstream media is beginning to take peer-to-peer (P2P) lending seriously. Our friends at FT Adviser offer some analysis of P2P as an asset class that might be recommended to the clients of financial advisers. We reproduce excerpts from the article, with our comments. “[P2P] has reached a stage of maturity where it can be […]
Our young industry is flourishing, and growing strongly. But with rapid growth come teething troubles – as peer-to-peer (P2P) business lenders seek a stable regulatory and reporting environment. P2P needs steady regulatory direction and reliable data to be fully recognised as a trustworthy asset class. Our friends at FT Adviser report some concerns from […]
There are further signs that the crowdfunding market is maturing. Today we look at our cousins in equity, crowdfunding sub-sector. The FT Adviser reports on a slowing in the rate of launches of Enterprise Investment Scheme offers (investments with EIS relief offer a 30 per cent tax break to investors – and many EIS offers […]
Crowdfundinsider carries news of Lord Turner’s apparent rethinking and clarification – to put it politely – of his remarks about P2P on BBC Radio 4’s Today programme earlier this year. “Lord Adair Turner: Direct Lending May Make the Financial System More Stable. “The above statement came from Lord Adair Turner in a speech delivered at […]
There’s much talk of alternative finance entering the mainstream. But what does that really mean? It’s difficult to provide a comprehensive answer, but acceptance and understanding of what altfi provides is certainly a big part of it. As far as Money&Co. is concerned, we have to spread the word about peer-to-peer (P2P) lending to small businesses (matching […]
Heads of a number of peer-to-peer lending platforms have hit back at scathing comments made against the industry by a former regulator, writes Catherine Denham in FT Adviser. We believe Ms Denham reprises comments made at a recent P2PFA breakfast. Money&Co. has contacted the producers of the BBC Radio 4 Today programme, to register our […]
Young industries often find themselves with teething problems. Witness the agonising over the implementation of Innovative Finance ISAs (aka IFISAs – tax-free savings plans holding up to £15,240 permanently free of capital or income taxes). The UK government has been enthusiastic about helping peer-to-peer (P2P) crowdfunders like Money&Co. reach a mass audience – and IFISAs are […]