sl75
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Post by sl75 on Feb 13, 2016 19:02:12 GMT
... those who don't have any money to save at the end of a month, don't benefit one iota from ISA's. I guess they'd benefit most from learning to manage their household budget properly, to ensure that they do in fact end up with money to save... then they'll be able to benefit from ISAs like everyone else!
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Post by GSV3MIaC on Feb 13, 2016 19:39:54 GMT
At least two major P2P companies (RS and FC) have made in the last few days explicit statements about their release of IF ISA products (with possibility to import previous years ISAs as well). The discussion can be found here: p2pindependentforum.com/thread/2039/p2p-isa?page=7I would like to ask Saving Stream what is their view and what are their plans about IF ISAs. Zopa did too, although they hid it in their blog, for reasons known only to them (can't work email maybe?)
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j
Member of DD Central
Penguins are very misunderstood!
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Post by j on Feb 13, 2016 23:45:16 GMT
Even at the current c£15k pa allowance, the amount is peanuts to the high middle class & upwards savers so, in the grand scheme of things, I doubt any govt will bother with ISAs. They will possibly target pension tax breaks. Most likely, take with one hand & give with another & vice versa.
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Post by Deleted on Feb 14, 2016 1:16:28 GMT
Even at the current c£15k pa allowance, the amount is peanuts to the high middle class & upwards savers so, in the grand scheme of things, I doubt any govt will bother with ISAs. They will possibly target pension tax breaks. Most likely, take with one hand & give with another & vice versa. Well, summing up contributions for 10+ years+interest+ compounding effects, ISAs are not at all trivial numbers. P2P companies will make their best efforts to convince savers to transfer their savings over and I am sure most of us will do it! So let's see what are they going to offer...
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Liz
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Post by Liz on Feb 24, 2016 23:43:23 GMT
I wonder if a lack of an ISA could be a problem for SS, money could be sucked elsewhere. I for one will be looking at my options, will other members be moving money to another site, who offer an ISA?
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Post by mattie on Feb 24, 2016 23:55:32 GMT
I started out in P2p in Zopa, and then came to SS. I know haven't yet diversified platforms as much as I should!
But 12% less tax at SS is still more than a 4% Zopa ISA so I don't think it will affect my choices at the moment.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 25, 2016 0:06:00 GMT
I wonder if a lack of an ISA could be a problem for SS, money could be sucked elsewhere. I for one will be looking at my options, will other members be moving money to another site, who offer an ISA? My dividends come through at the beginning of April, teeing up nicely with the new ISAs being introduced for P2P platforms. As such, if SS don't offer their own ISA, I can see a chunk of those dividends being sent to a different platform. However, I must admit that I'm slightly uneducated about the new P2P ISA, so I will need to sit down and do some research in the near future. Has anybody got any good links where I can have a nice read.....
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 25, 2016 0:22:08 GMT
I started out in P2p in Zopa, and then came to SS. I know haven't yet diversified platforms as much as I should! But 12% less tax at SS is still more than a 4% Zopa ISA so I don't think it will affect my choices at the moment. That's true, but it also depends on if the other large interest platforms (such as MT) offer an ISA of their own, then we would have something to think about. It seems that the vast majority of P2P platforms have yet to announce their own ISA, so maybe the details are being ironed out behind the scenes.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Feb 25, 2016 1:46:52 GMT
I wonder if a lack of an ISA could be a problem for SS, money could be sucked elsewhere. I for one will be looking at my options, will other members be moving money to another site, who offer an ISA? My dividends come through at the beginning of April, teeing up nicely with the new ISAs being introduced for P2P platforms. As such, if SS don't offer their own ISA, I can see a chunk of those dividends being sent to a different platform. However, I must admit that I'm slightly uneducated about the new P2P ISA, so I will need to sit down and do some research in the near future. Has anybody got any good links where I can have a nice read..... Yeah, P2P ISA thread for a start & have a search for ISA on the forums, there's couple of threads with links to allsorts of exciting rules & regulations. Couple of links on first page of this thread.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 25, 2016 3:11:49 GMT
My dividends come through at the beginning of April, teeing up nicely with the new ISAs being introduced for P2P platforms. As such, if SS don't offer their own ISA, I can see a chunk of those dividends being sent to a different platform. However, I must admit that I'm slightly uneducated about the new P2P ISA, so I will need to sit down and do some research in the near future. Has anybody got any good links where I can have a nice read..... Yeah, P2P ISA thread for a start & have a search for ISA on the forums, there's couple of threads with links to allsorts of exciting rules & regulations. Couple of links on first page of this thread. Thanks! Although, I do feel like I have been told off, and put into my place somewhere in your post.......  
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benno
New Member
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Post by benno on Mar 2, 2016 18:03:03 GMT
I did recently email Saving Stream about this. They confirmed that they're planning to introduce an ISA, but are currently waiting for some clarifications from the FCA (as are many other platforms as I understand it)
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Mar 2, 2016 18:06:26 GMT
I did recently email Saving Stream about this. They confirmed that they're planning to introduce an ISA, but are currently waiting for some clarifications from the FCA (as are many other platforms as I understand it) That's good to know. Hopefully, their full FCA membership application will go well. Thanks for sharing 
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ablender
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Post by ablender on Mar 2, 2016 18:23:31 GMT
I did recently email Saving Stream about this. They confirmed that they're planning to introduce an ISA, but are currently waiting for some clarifications from the FCA (as are many other platforms as I understand it) : When did you receive this email?
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ben
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Post by ben on Mar 2, 2016 18:37:59 GMT
I think a fair few sites has stated that they want to introduce one but at the moment the rules have not been set so until they are it is just a waiting game
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mikes1531
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Post by mikes1531 on Mar 2, 2016 20:16:03 GMT
I think a fair few sites has stated that they want to introduce one but at the moment the rules have not been set so until they are it is just a waiting game Any bets on October? Maybe we should start a poll!  [ducks for cover]
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[ducks for cover]