The Tax Incentivised Savings Association (TISA) has launched a forum to provide a focal point for those in the peer to peer (P2P) lending sector and help increase adviser knowledge of the subject.
It claims the forum will develop policy recommendations for regulators and legislators while also developing understanding among intermediaries. P2P is increasing in popularity as investments on regulated crowdfunding platforms grew by more than 500% from £500m in 2013 to £2.7bn in 2015, according to the Financial Conduct Authority (FCA). The FCA is also becoming more involved in its regulation. The regulator has recently launched a call for input on crowdfunding rules which ends on 8 September. Aims of the forum TISA, the industry-wide financial services membership organis...
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