Jane Dumeresque: The adviser's guide to P2P due diligence

For many, the fast-growing peer-to-peer sector offers a welcome alternative source of investment and borrowing to traditional banks. Although seen initially as quite a niche player, P2P is becoming increasingly mainstream and, as of 6 April 2016, lenders are able to enjoy tax-free interest courtesy of the new Innovative Finance ISA (IFISA). The rapid growth of the industry has not, however, been without controversy and, as the regulator grapples with the number of new firms on the block and their range of offerings, some commentators have expressed unease and concern that a new wave of i...