One in four Brits poorer than a year ago
ONE IN four Britons are feeling blue about their personal finances, as Brexit-induced economic swings have eroded savings over the past 12 months. 26 per cent of UK savers saw their finances...
View ArticleSilver surfers express scepticism towards fintech
OVER-55s are turning to technology to help with their health but are more sceptical when it comes to their finances, research suggests. A poll of more than 4,000 adults by investing platform Willis...
View ArticleCash ISA savers left £4bn short by inflation
LOW cash ISA rates and high inflation have left UK savers £3.81bn short, research claims. Investing platform Willis Owen claims the £270bn held in cash ISAs would be worth £273.5bn based on the average...
View ArticleProposed investor restrictions threaten P2P sector’s growth
THE PEER-TO-PEER lending industry has blasted the City watchdog’s proposed investor restrictions as unfair, costly and damaging to the sector’s future. P2P platforms have been busy digesting the...
View ArticleFCA mulls exit fee ban amid platform consultation
THE FINANCIAL Conduct Authority (FCA) is considering a ban or a cap on exit fees, as part of a new package of measures designed to make it easier for consumers to switch investment platforms. Some of...
View ArticlePlatforms report IFISA growth despite bad press
PEER-TO-PEER lenders have reported a rise in Innovative Finance ISA (IFISA) inflows this ISA season, although there are concerns that bad press in the lead-up to the end of the tax year dampened...
View ArticleFuture of P2P investment funds in doubt
FUNDING Circle’s dedicated investment trust is set to close, raising questions about the future of peer-to-peer lending-focused funds. While P2P platforms themselves have demonstrated impressive growth...
View ArticleP2P firms react to Supreme Court ruling
IN THE latest twist in the tale of Brexit, the Supreme Court has ruled that Prime Minister Boris Johnson’s decision to prorogue Parliament was “unlawful”, making the likelihood of a no-deal Brexit...
View ArticleRising inflation and falling saving rates present new opportunity for P2P
Inflation has risen to 1.8 per cent, while savings rates are being cut, heaping further pressure on savers and opening up new opportunities for peer-to-peer lending. Yesterday, the Bank of England...
View ArticleP2P lending set for ‘validation boost’ from involvement in government...
Involvement in government coronavirus support schemes could give a boost to the peer-to-peer lending sector, analysts claim. Funding Circle is the only P2P lender to become accredited under the...
View ArticleClik here to view.
One in four Brits poorer than a year ago
ONE IN four Britons are feeling blue about their personal finances, as Brexit-induced economic swings have eroded savings over the past 12 months. 26 per cent of UK savers saw their finances...
View ArticleClik here to view.
Silver surfers express scepticism towards fintech
OVER-55s are turning to technology to help with their health but are more sceptical when it comes to their finances, research suggests. A poll of more than 4,000 adults by investing platform Willis...
View ArticleClik here to view.
Cash ISA savers left £4bn short by inflation
LOW cash ISA rates and high inflation have left UK savers £3.81bn short, research claims. Investing platform Willis Owen claims the £270bn held in cash ISAs would be worth £273.5bn based on the...
View ArticleClik here to view.
Proposed investor restrictions threaten P2P sector’s growth
THE PEER-TO-PEER lending industry has blasted the City watchdog’s proposed investor restrictions as unfair, costly and damaging to the sector’s future. P2P platforms have been busy digesting the...
View ArticleClik here to view.
FCA mulls exit fee ban amid platform consultation
THE FINANCIAL Conduct Authority (FCA) is considering a ban or a cap on exit fees, as part of a new package of measures designed to make it easier for consumers to switch investment platforms. Some of...
View ArticleClik here to view.
Platforms report IFISA growth despite bad press
PEER-TO-PEER lenders have reported a rise in Innovative Finance ISA (IFISA) inflows this ISA season, although there are concerns that bad press in the lead-up to the end of the tax year dampened...
View ArticleClik here to view.
Future of P2P investment funds in doubt
FUNDING Circle’s dedicated investment trust is set to close, raising questions about the future of peer-to-peer lending-focused funds. While P2P platforms themselves have demonstrated impressive...
View ArticleClik here to view.
P2P firms react to Supreme Court ruling
IN THE latest twist in the tale of Brexit, the Supreme Court has ruled that Prime Minister Boris Johnson’s decision to prorogue Parliament was “unlawful”, making the likelihood of a no-deal Brexit...
View ArticleClik here to view.
Rising inflation and falling saving rates present new opportunity for P2P
Inflation has risen to 1.8 per cent, while savings rates are being cut, heaping further pressure on savers and opening up new opportunities for peer-to-peer lending. Yesterday, the Bank of England...
View ArticleClik here to view.
P2P lending set for ‘validation boost’ from involvement in government...
Involvement in government coronavirus support schemes could give a boost to the peer-to-peer lending sector, analysts claim. Funding Circle is the only P2P lender to become accredited under the...
View Article
