Octopus Investments has said it was confident about pairing peer-to-peer (P2P) investment with self-invested personal pensions (SIPPs), despite scepticism among some financial advisers of the investment and lending class.
The investment group revealed its P2P investment platform Octopus Choice was now available within a SIPP wrapper. The company partnered with specialist pension providers Hartley Pensions and Morgan Lloyd as the first to join the new initiative offering Octopus Choice - a property-based P2P lending platform - within SIPPs. Head of Octopus Choice Charlie Taylor said the new approach was in response to a growing demand from financial advisers and direct investors who want access to P2P lending within a tax-efficient wrapper. "Property-backed peer-to-peer lending is an alternative asse...
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