P2PFA responds to Autumn Statement

Today’s Autumn Statement confirmed that equity crowdfunding will for now, not be a part of the Innovative Finance ISA which launches in April 2016.

Commenting on this decision, Christine Farnish, Chair of the P2PFA said:

“This decision is welcome. We believe the risk of this asset class is closer to stocks and shares than a peer-to-peer loan. It is important that consumers are not confused by mixing up equity-based products to debt-based products.”

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