Post by hector on Mar 14, 2019 13:32:53 GMT
Any guesses as to what incentive(s) Assetz in particular might offer for new lender funds as IFISA 'close/open' date approaches? With the current 1% cashback not permitting withdrawal notice until 23rd May 2019, meaning that by the time funds are returned any IFISA incentives would probably have closed, unless existing lenders are prepared to accrue larger & larger loan balance in a non FSCS protected fund I fear Assetz are going to struggle to attract substantial additional investment over the next few months.
Similar IFISA question applies to many other platforms regarding future investment where lenders 12 months ago dipped their toe in the (then) fairly new IFISA option of P2P, only since to have experienced capital losses. Assetz perhaps stand out more owing to the 3 cashback schemes they have run over the last 6 months or so, each in the main requiring increased overall loan sums.
Similar IFISA question applies to many other platforms regarding future investment where lenders 12 months ago dipped their toe in the (then) fairly new IFISA option of P2P, only since to have experienced capital losses. Assetz perhaps stand out more owing to the 3 cashback schemes they have run over the last 6 months or so, each in the main requiring increased overall loan sums.
