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Peer2Peer Finance News | December 14, 2018

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ISA

The House Crowd opens IFISA to transfers

September 12, 2018 |

THE HOUSE Crowd has opened its Innovative Finance ISA (IFISA) for transfers.

There are no transfer fees but the minimum amount that can be moved is £5,000.

Investors can earn seven per cent a year by lending through the peer-to-peer … Read More

Crowdstacker to develop cash and stocks and shares ISAs

September 3, 2018 |

CROWDSTACKER is planning to launch cash and stocks and shares ISAs to offer greater diversity to its customers.

The peer-to-peer business lending platform, which was one of the first P2P firms to launch an Innovative Finance ISA (IFISA), is currently … Read More

How do IFISAs stack up against stocks and shares ISAs?

August 9, 2018 |

IN THE two years since the launch of the Innovative Finance ISA (IFISA) an abundance of options have been made available to investors.

The majority the UK’s peer-to-peer platforms have already launched their own IFISA options and so far more … Read More

ArchOver opens IFISA for transfers

June 26, 2018 |

ARCHOVER has opened its Innovative Finance ISA (IFISA) for transfers from other providers.

Investors will now be able to move some or all of their funds from old cash and stocks and shares ISAs to the business peer-to-peer platform’s tax … Read More

Zopa: Bank of Mum & Dad closed for child savings

June 20, 2018 |

THE Bank of Mum and Dad appears closed when it comes to parents helping their children start saving or investing, Zopa claims.

A poll by the peer-to-peer lender found a fifth of parents are refusing to put money aside for … Read More

RateSetter hits £100m IFISA milestone

June 15, 2018 |

RATESETTER has attracted £100m in subscriptions to its Innovative Finance ISA (IFISA), just four months after the tax-wrapper was initially launched.

The peer-to-peer platform launched its first IFISA product in early February 2018, and more than 10,000 ISA accounts have … Read More

Assetz Capital boosts returns for investors

May 16, 2018 |

PEER-TO-PEER business lender Assetz Capital has announced its first-ever rate rise across its access accounts.

The rate increase, which took effect at the start of May, increases target interest rates for the Quick Access Account from 3.75 per cent to 4.10 … Read More

ISA allowance options for the new tax year

May 4, 2018 |

THE START of the new tax year means fresh ISA allowances and many people are mulling over their options for the 2018/19 tax year. The ISA investment limit is still at a generous £20,000, having risen 31.2 per cent from … Read More

RateSetter opens IFISA to transfers

May 2, 2018 |

RATESETTER has opened its Innovative Finance ISA (IFISA) to transfers from other providers.

Investors can now transfer money from their existing cash and stocks and shares ISAs from previous tax years into the P2P platform’s product.

RateSetter will accept full … Read More

Zopa executive: “Savers are abandoning the cash ISA en masse”

April 27, 2018 |

SAVERS are “abandoning the cash ISA en masse”, as the personal savings allowance (PSA) makes the tax-free wrappers less relevant for consumers, a Zopa executive has said.

New data from UK Finance showed that investment in cash ISAs fell from … Read More