Research identifying a rise in interest in peer-to-peer (P2P) lending since the vote to leave the EU has led to calls for advisers to consider the associated risks as much as the potential rewards.
Among the findings of the study by P2P lender ThinCats was that almost a third (30%) of those surveyed said they had been put off investing in more traditional asset classes following the EU referendum. The study also found that Brexit market volatility, a weakened economic outlook and the Bank of England's subsequent 0.25% cut in interest rates had all had a significant impact on consumer savings and investing habits. In contrast, the ThinCats study identified a significant minority (7%) of investors who said they had been attracted to P2P lending, among other alternative asset class...
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