No ISA

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littleoldlady
Member of DD Central

Running down all platforms due to age

Posts: 3,017
Likes: 1,835

No ISA Aug 10, 2018 16:17:15 GMT

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Post by littleoldlady on Aug 10, 2018 16:17:15 GMT

They say:

Investments that are made available on our platform are structured as Alternative Investment Funds which are regulated by the FCA. Alternative Investment Funds are not able to be included in any of the currently available ISA wrappers.

Does anyone know why LI are different to the many similar platforms that do offer an ISA?

All my posts are my personal opinion and are not advice. History suggests that, if anything, it would be more profitable to do the opposite of whatever I do, but whatever you do will not be any responsibility of mine.

archie

Posts: 1,838

Likes: 1,842

No ISA Aug 10, 2018 16:59:13 GMT littleoldlady likes this

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Post by archie on Aug 10, 2018 16:59:13 GMT

Aug 10, 2018 16:17:15 GMT littleoldlady said:

This P2P Finance News article explains the route LI have taken.

P2P is risky, expect losses. It may take several years to exit a platform.

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