Former chairman of the financial regulator Adair Turner has warned about peer-to-peer (P2P) lending, predicting “big losses” in the coming decade a week after the sector experienced its biggest investment failure.
Turner (pictured) told BBC Radio 5's Wake Up To Money programme he worried automated processes and a lack of good credit underwriting will mean people are bound to lose money from their investment. He...
He left the IA in October
Focus on HNW clients in London
Butler oversaw scrapped banking review
Inflation could erode pension incomes
Technology as a communication tool