How savers can use an Innovative Finance Isa to reap the rewards from the property market March 6, 2019 "If things go wrong (and they can), then a property-backed Isa at least means that there is a tangible asset that can be sold to recover your money,” says Frazer Fearnhead, chief executive and founder of property peer-to-peer lending platform, The House Crowd. “While it’s not a guarantee, it does mean that the secured property [...]
Is the Innovative Finance Isa worth it? We look at the pros and cons March 6, 2019 At barely three years old, the Innovative Finance Isa still has some proving to do. And for some savers, it’s a product that is deemed too risky. But how risky is it really? Of course, the IFISA is merely a tax-free wrapper, so the risk actually depends on the underlying investments held within. And while [...]
Bumper Persimmon fails to shake off uncertainty March 5, 2019 Despite the housebuilder's £1 billion profit and generous dividend, Persimmon shares are under a cloud. Just when investors thought it was safe to go back into mortar, the government's reported review of the Help to Buy scheme has dealt another blow to the sector. Persimmon (LSE:PSN) 6% share price decline represented the brunt of the blow, [...]
What Anthony Scaramucci did next March 4, 2019 After a brief and calamitous stint in the White House catapulted him to international fame, Anthony Scaramucci is back at SkyBridge Capital, the hedge fund he founded in 2005, he has revealed in an interview with Opto magazine. For a brief period in July 2017, Anthony Scaramucci found himself at the centre of American politics. [...]
Investing in Aim and EIS shares can add some excitement to your financial portfolio February 28, 2019 You have some cash saved in a rainy-day fund. You’ve invested sensibly in a diverse portfolio that contains a mix of low-cost trackers and well-managed investment funds. But now you want to add a bit of excitement to this financial cocktail. If this describes you, then there are a few ways to go about it, [...]
How to build an investment income generating machine February 28, 2019 By Jemma Jackson from interactive investor. As we celebrate 20 years of ISAs, we reveal how patient investors can construct a lucrative portfolio. The launch of ISAs in 1999 did not get off to an auspicious start, being swiftly followed by the dotcom bust between March 2000 and March 2003. Indeed, the last two decades [...]
The EIS has cost the government £3bn in tax relief, so why has it become more generous? February 27, 2019 The enterprise investment scheme (EIS) celebrates its silver jubilee this year. Announced by the then chancellor Ken Clarke in the Autumn Budget in 1993, the scheme was launched at the beginning of 1994. The benefits of the EIS have remained generous – in fact, they’ve become more generous. Until April 2011, the up-front tax relief [...]
How VCTs can be used to build the next ARM in the UK February 27, 2019 When Venture Capital Trusts were launched in 1995, their purpose was simple: enable SMEs to raise risk equity finance. It’s easy to see why. In 2018, small businesses made up 99.3 per cent of the private sector in the UK and 60 per cent of all private sector jobs. SMEs play an important role in the economy, [...]
If you’re stuck on which tax-efficient investment scheme to go for, let’s weigh up your options February 27, 2019 At first glance, venture capital trusts (VCTs) and enterprise investment scheme (EIS) funds seem like peas in a pod. They are both government-backed tax wrappers, and they both let you invest in risky young companies. They also come with the same 30 per cent income tax perk, meaning that if you invested £10,000, you would [...]
Funds and investment trusts for all the family February 26, 2019 by Jemma Jackson from interactive investor. As the current tax year approaches an end, interactive investor selects some great funds for your ISA. Whilst reviewing or selecting an ISA portfolio might seem like a solo pursuit (the clue is in the name – Individual Savings Account), it doesn't have to be. interactive investor explains why [...]