Blog
23rd October 2014
A survey conducted by Perfect Choice Funerals this week has revealed that only 45% of people aged 60 and over have planned their retirement fund to include funeral expenses. 1,708 Brits were asked about their savings, and if...
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ISA News Update
17th October 2014
ISA UPDATE Today, HM Treasury has begun an open consultation into the inclusion of Peer-to-Peer lending in ISAs. The consultation period will last until the 12th of December. The Treasury will be consulting firms and individuals about how the...
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French Banking Group Makes P2P Finance Compatible With Twitter
14th October 2014
A division of France’s second-biggest banking group, Groupe BPCE, S-money, has partnered with Twitter to allow French users to transfer money via the social media platform. Both Facebook and Twitter have recently started testing ‘Buy Button’s that link...
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Wellesley & Co. the first Peer to Peer platform to lend its own funds first in every loan, has reached the £100 million milestone in loans funded.
Wellesley & Co. the official Fastest Growing Platform in 2014 specialise in bridge lending secured on residential property and financing for development. The company have been lending to borrowers since June 2013 and have had lenders place funds with them...
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Peer-to-Peer Lending Gaining Popularity and Boosting British SMEs
9th October 2014
The Peer-to-Peer Lending sector has been highlighted as “a credible and vital alternative to high street banks when it comes to providing business finance” and funding for widespread property development. The popularity of Crowdfunding and other alternative finance methods, such as Peer-to-Peer...
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Seeking Financial Advice Can Help People Save £100 More a Month For Retirement
3rd October 2014
It’s good news for cautious retirees. According to research conducted by unbiased.co.uk and Axa Life Invest, those who seek financial advice when planning their pension and retirement funds are set to invest just under £100 more a month on...
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Men More Likely To Take Advantage of New Pensions Rules Than Women
1st October 2014
According to a survey conducted by the Association of Investment Companies (AIC), in association with YouGov, British men have been found more willing to take advantage of the new pension freedoms brought into effect by the 2014 Budget. The...
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Wellesley & Co win an AltFi Award!
24th September 2014
Wellesley & Co have won ‘The Fastest Growing Platform of the Year’ at the AltFi Awards! We're the current record holder for funding the largest ever Peer-to-Peer loan in history, worth £10m, and growing at an exponential rate within...
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Investors Breathe A Sigh of Relief After No Vote in Scottish Referendum
19th September 2014
After 55% of Scottish voters said no to independence in yesterday’s referendum, “UK investors will welcome a reduction in the uncertainty of recent months”, according to Martin Gilbert, the chief executive of Aberdeen Asset Management. Throughout the campaigns, people...
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Which? Reveals Best and Worst Banks For Customer Satisfaction
17th September 2014
Consumer watchdog Which? have surveyed various UK banks and building societies for customer satisfaction by asking 20,000 members of the public about their experiences with them. Participants were asked about their current accounts, savings accounts, and mortgage providers, and many major...
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