Investment strategy lacked diversification and did not reflect the client’s risk rating.
Lending Club’s executive chairman says financial impact of the $22m in loan sales was “minor”.
Providers say time allocated to engage advisers has so far been unproductive.
Supreme Court ruling opens the way for investor refunds, although regulator admits firm is unlikely to be able to pay.
HM Treasury’s head of business lending is confident existing arrangements can bed in before introduction of crowdfunding in the Autumn
Octopus chief executive says product addresses the scepticism of P2P products among the advice community.
Analysis & Opinion
After its heyday in the 1960s and 70s, with-profits products fell short of customers’ expectations, but now the industry is trying to rebuild trust.
As mainstream lending to SMEs plummets, loan funds are stepping in to bridge the gap
Lifetime and annual pension limit reductions left investors craving tax-efficient savings with a bitter taste. Craig Rickman asks, are VCTs and...
Is shorting too complex a process for investors to understand?
More on Alternative Investments
From Special Report: Absolute Returns - April 2016| Apr 18, 2016
Absolute return funds are among the key beneficiaries of the uncertain market environment.
From Special Report: Sourcing Income - April 2016| Apr 11, 2016
Alternative assets could offer investors less correlated income opportunities.
Apr 08, 2016
The specialist investment manager also reported an increase in AUM.
Apr 06, 2016
Investment trusts offer many of the benefits of investing in alternative assets without the downsides of open-ended vehicles, but demand can vary...
Mar 22, 2016
Regulator says if advisers can’t form opinion on the risks, they shouldn’t advise on the products.
Mar 16, 2016
Ten years on from the sector’s emergence, risk and return misconceptions still abound.