Pick and Mix ISAs are coming to Peer-to-Peer


As Another Crowd predicted in February, the FCA has announced that firms holding the appropriate licence will be allowed to offer Innovative Finance ISAs (IFISAs) that contain a portfolio of loans from more than one peer-to-peer lender.

Storm In A Teacup by JBraine

The announcement is being treated in some sections of the press as the government bowing to pressure from industry lobbying.

Enterprise Investment Scheme and Brexit

graph representing financial growth

Lord Flight, the Chair of the EIS Association, claimed today that EU state aid policy has been used to damage the UK's Enterprise Investment Scheme (EIS), and has 'reduced risk capital for SMEs.' He made the claim in a post on Conservative Home this morning, in which he argued that most of the City favoured leaving Europe, and would benefit from a 'Leave' vote.

His comments are at odds with recent polls (like this poll and this poll) which show that the UK's startups - who benefit from the EIS and SEIS schemes - are overwhelmingly in favour of remaining in Europe. We look at the evidence.

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