Julia Groves, partner & head of crowdfunding at Downing LLP, talks about growing uptake of bonds in its Innovative Finance ISA (IFISA) and advisers’ changing attitudes to these investments. She covers terms of investment, diversification, risk and the two kinds of products offered on Downing’s platform: fixed-term debt-based securities and newer regular access bonds. On choice in the market, she discusses how many IFISA-authorised platforms are genuinely adviser-ready and reveals something surprising about average investment size.