Category Archives: zopa

What does it mean – being connected?


By some measures I am well connected. By the strictly quantitative measure of linked in first degree connections I could be seen as a well-connected man. But I can assure you that internet connections give false security. Whether you have 50 … Continue reading

Posted in social media, Yeovil Town, zopa | Tagged , , , , , , | Leave a comment

Why HMRC is right on peer to peer lending (and Polonius got what he deserved)


Dan Hyde writes in the Telegraph that HMRC are considering allowing peer group lending as a legitimate investment for an ISA. Peer Group lending is the Betfair of debt. You lend your money through a portal such as ZOPA who … Continue reading

Posted in actuaries, advice gap, pensions, wonga, workplace pensions, zopa | 4 Comments

Who invited banks into schools?


What do the FT, Vivi Friedgut and Martin Lewis have in common? Answer; a common wish to keep banks out of schools! Why have I posted that stupid photo to this blog? Answer; because it demonstrates comparable imbecility of allowing banks … Continue reading

Posted in annuity, Bankers, corporate governance, Financial Education, smelly, Student debt, zopa | Tagged , , , , , , , | 10 Comments

Can pensions help you when you’re broke?


When I was a financial adviser, I often hear people say that they couldn’t afford to save into a pension. When I probed, this objection often boiled down to  a fear that “tying up money” left people scared that in … Continue reading

Posted in pensions, wonga, zopa | Tagged , , , , , , , | 4 Comments