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. ...
SM&CR is the big one
Asset class outlook
Left Dentons after 30 years
To 'future-proof advice firms'