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 […]
THREE quarters of independent financial advisers (IFAs) would recommend peer-to-peer lending to their clients if there were greater client demand, or more independent due diligence tools at their disposal, according to a recent report from our friends at P2P Finance News. We’ll shortly be conducting our own survey and awareness-raising campaign. Meanwhile, see this page […]
Our friends at Marketing Eye offer a fairly cool appraisal of one of the most exciting – indeed, possibly revolutionary – developments in personal finance. The advent of the Innovative Finance Individual Savings Account (ISA) allow investors to put up to £20,000 into an account, and enjoy its income, tax-free. The average return achieved by […]
It’s now officially autumn. The nights are drawing in. Temperatures are dropping. It’s getting cold outside. You’ve probably already guessed where we’re going with this. It’s in the cold and the dark that holders of cash deposit accounts find themselves right now. Inflation is rising, but cash deposit rates certainly aren’t. According to independent savings […]
The European Commission has promised to “prioritise fintech” in its proposals to revamp its financial supervision strategy, according to a report from our friends at P2P Finance News. We run an excerpt from the article below, and leave it to you whether this is all too little, too late, in the light of forthcoming political […]
Congratulations to our friends at P2P Finance News, which has just celebrated its first anniversary. A recent summary piece looks at the peer-to-peer (P2P) lending sector of crowdfunding – of which Money&Co. is part – and asks if P2P has gone mainstream. Our contention is that the moment has not yet come – but it […]
Our friends at Fund Strategy run an opinion piece on the future of the Innovative Finance Individual Savings Account. The article paints a bright picture, with which we thoroughly agree. Although the focus of the piece is on fund management and debt-based securities, the yawning gap in the market is afforded by cash deposits. See […]
We have a series of new loan offerings coming up on site soon. Ahead of their arrival on site, we thought we’d revisit the basics that lenders in peer-to-peer (P2P) business loans should acquaint themselves with before committing capital. See this, an extract from our Knowledge Hub: Take the trouble to understand what you’re putting […]
Business does not exist in a vacuum. The Investment Observer looks at small and medium-sized businesses’ (SMEs) need for funding capital, and examines this need in a UK political context. It seems that, as the bank funding climate turns harsh, UK SMEs are turning to alternative sources as Brexit makes itself felt. “UK businesses are […]
Our friends at P2P Finance News bring the latest report of the fast-increasing popularity of the Innovative Finance Individual Savings Account (Innovative Finance ISA, or IFISA). Here’s an excerpt from the article: “One third of money placed into Innovative Finance ISAs (IFISA) on individual platforms in the previous tax year was from transfers rather than […]