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Why the Innovative Finance Isa is entering the mainstream of DIY investing

There are now good reasons to take notice—not least because the annual Isa allowance jumped to £20,000 in April

By Andy Davis   August 2017

It has been a long wait for DIY investors but at last the Innovative Finance Isa (IFIsa) is taking root following its official launch in April 2016. This addition to the Isa family allows investors to generate tax-free returns from alternative finance products including peer-to-peer (P2P) loans and “crowd-bonds” sold on crowdfunding websites.

P2P loans and crowd bonds come in various flavours including personal and auto-finance loans, secured and unsecured lending to small businesses, property developers and housebuilders, and funding for renewable energy projects. (This might sound like the debt parcels…

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