pikestaff
Member of DD Central
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Post by pikestaff on Aug 4, 2016 6:57:10 GMT
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Post by misotu on Aug 4, 2016 9:37:32 GMT
I read the press release which is pretty straightforward. But I'm wondering, possibly unfairly, exactly what real progress has been made since the Government announced that the IFISA would be launched this tax year and would apply to P2P?
I know some posters here are very pessimistic about the chances of a PSP IFISA from Ratesetter or Zopa being available this tax year. On the other hand, westonkev of RS has no indication of a timescale but says there's no "major stumbling block" for RS gaining FCA authorisation.
As I understand it the FCA has no interest in any ISA deadline and is focused simply on the authorisation process. So it seems only the platforms themselves have any interest in driving forward the availability of an IFISA? No-one in government seems to be taking an interest in an initiative from a former chancellor.
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rogerbu
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Post by rogerbu on Aug 4, 2016 10:01:40 GMT
I suspect that there is some long grass waiting for IFy ISAs. May seems to hate anything Osborne announced.
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jjc
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Post by jjc on Aug 4, 2016 22:29:31 GMT
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pikestaff
Member of DD Central
Posts: 2,188
Likes: 1,546
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Post by pikestaff on Aug 5, 2016 6:18:59 GMT
jjc Thank you. I missed that it was a month old! Mods - can you close this thread and perhaps give the other one a more meaningful title?
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registerme
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Post by registerme on Aug 5, 2016 7:08:50 GMT
I've locked this at pikestaff's request, though I am struggling to come up with a better title for ablrateandy's thread, mainly because of the subject line character limitation .
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