We’re seeing significant interest in Money&Co.’s Inheritance Tax Service. Political uncertainty may play a part in this: although governments may change, it’s unlikely (though not certain) that new administrations will act retrospectively. So perhaps it’s no surprise that many homeowners potentially liable to IHT are coming to understand that the time to act is now. […]
Providers of financial services like “sticky” money, capital that stays once it’s arrived. The fact is that small investors and savers, often criticised for “inertia”, are slow to action. Their money, generally speaking, is sticky. At Money&Co. we are committed to keeping the crowd, in the form of the small investor, in crowdfunding. The stickiness […]
AltFi has taken the lead in research of the peer-to-peer (P2P) market across Europe. Below, we reprise a couple of salient points from AltFi’s own analysis of the data it garnered. The full article, well worth a read, can be found here. Fat margins get thinner for investors Investors in a diversified peer-to-peer lending portfolio […]
The language may be emotive but the loss is real. We have over the years often referred to the terribly low savings rates offered by banks and building societies to investors as the Great Savings Robbery. The point is simple: savings rates are consistently low, and borrowers find themselves paying higher rates. See some of […]
There’s good and not-so-good in the recently announced rules from the Financial Conduct Authority on how the peer-to-peer (P2P) sector will do business. The rules come into effect in December. We’ll be commenting at greater length in our blog section shortly. Meanwhile, here’s a reprise of the major points from commentary site, Lend Academy. The […]
Peer-to-peer (P2P) lenders have done well. With an annual default rate of less than 0.3 per cent over more than £15 million facilitated, Money&Co. lenders have achieved returns of more than 8 per cent gross. But P2P loans are riskier investments than cash deposits as an asset class – and ease of access. We’ve attached […]
UK Tech reports on alternative fund sourcing for SMEs. The article focuses on venture capitalists, who are “alive and well”. We couldn’t agree more. But VCs, as the piece points out, are looking to treble their money within three to five years. Money&Co., on the other hand, brings individuals looking for a good return on […]
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 […]
As an industry, the peer-to-peer (P2P) lending sector hasn’t done a great job of explaining and promoting itself. There’s considerable confusion about what P2P loans are and that’s not been helped by some mischief from sellers of mini-bonds (see this earlier article, which explains the difference). For the record, what we do is bring individuals […]
The end of the tax year is upon us, and it’s surely time to look at using your £20,000 annual Individual Savings Account (ISA) allowance, if you haven’t done so already. You may decide to enjoy the tax-free benefits of a peer-to-peer (P2P) loan by holding it in an Innovative Finance ISA. There’s no profit […]