The possibility that Peer to Peer lending would be ISA allowable in this budget was widely trailed….but it is good to see that the government is prepared to look at Debt Securities as well:

“To further increase the choice that ISA savers have about how they invest, ISA eligibility will be extended to peer-to-peer loans, and all restrictions around the maturity dates of securities held within ISAs will be removed. The government will also explore extending
the ISA regime to include debt securities offered by crowdfunding platforms.”

The FCA had lumped debt based securities in with equity based crowdfunding – even though the risk profiles are dramatically different, so it’s good to see the Treasury  take a more nuanced approach. For more detail check out our guide for advisers: https://intelligent-partnership.com/crowdfunding-overview-for-advisers/

This is especially relevent for Abundance Generation – one of the safer ‘crowdfunding’ investments that is based around debt securities. Check out their adviser portal (no obligations, just a good source of information): https://www.abundancegeneration.com/account/#!/ifa/signup

Thanks

Dan