Tag Archives: The Memo

IFISAs: What Are They And When Will They Be Here?

“So what the heck is an Innovative Finance Individual Savings Account (IFISA)?” asks Oliver Smith in The Memo. He proceeds to answer his own question: “Essentially it’s a more tax-efficient way of investing your hard-earned cash with “alternative” investments. “Peer-to-peer lending, where anyone can put up cash for borrowers and receive interest on loans made, has […]