The end of the tax year is approaching, and we currently have four loan auctions on site. All these loans can be held, up to £20,000, as Innovative Finance Individual Savings Accounts (IFISAs). IFISAs are explained in more detail below. Here’s the latest from the auction room: Mar-Key has a credit rating of A+, a […]
The end of the tax year is approaching and you must use your ISA allowance by midnight on 5 April or you will lose it. The ISA allowance for 2020/21 is £20,000 if you are a UK taxpayer. With the bank holidays falling this Easter week end, the time to act is really by close […]
The end of the tax year is approaching and you must use your ISA allowance by midnight on 5 April or you will lose it. The ISA allowance for 2020/21 is £20,000 if you are a UK taxpayer. The Money&Co. Innovative Finance ISA allows you to receive interest on your loans completely tax free. Since […]
It’s very early in the new tax year – but surely a good time for an early-bird review of your investments. If you’re looking for income for your annual £20,000 Individual Savings Account allowance, and are prepared to take on board a degree of risk you should take a look at Money&Co.’s portfolio service. Note: […]
It is almost the end of the tax year and, as the proverb on the sun dial says, “It is later than you think.” Our friends at P2P Finance News offer a timely (sic) reminder for savers and investors. WITH less than two months left to the end of the tax year, make sure you […]
The midnight hour is upon us! To get a tax-free target ISA yield of over 7 per cent, the time for investors to act is now, or lose £20,000-worth of extremely valuable investment benefit. See the article below, from the Daily Express. Savers are running out of time to add to their tax-free accounts, known […]
The end of the tax year is approaching. For investors who want to enjoy the tax-free advantages of the Individual Savings Account (ISA), the waiting is over. Now, it’s very much a case of use it or lose it. Monies must be committed by 5 April – if not, the opportunity is lost for good. […]
Today, we offer a view of the industry from our cousins across the Atlantic. Hedge-fund database, Hedgeco, runs a blog suggesting that Fintech is both disruptive and collaborative. “Instead of alternative finance trying to replace bank loans and venture capital, there is an emerging collaborative model where digital platforms are working alongside conventional investors. “Several […]
Peer-to-peer (P2P) returns can be excellent. For risk-aware lenders looking for good returns on capital by lending to carefully vetted small-business borrowers, P2P is well worth a close look. The average gross return on loans facilitated by this site is just under 9 per cent (that’s 8 net – taking off our 1 per cent charge). […]
As the peer-to-peer (P2P) lending industry matures, so the quality of reporting and assessment improves. We thoroughly agree with the words below from Goji Insight – even if the site’s comparison base is very small (it does not include Money&Co., along with many others). Nevertheless, the point about the benefits of investing early is very well […]