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Classified in: Business
Subjects: SVY, ACC, SCZ

Significant Interest From Private Pension Holders to Include P2P Loans in Their SIPPS, Reports BLEND Network


One in four interested in including P2P loans in their SIPP

Addressing concerns around regulation and lack of investor understanding of P2P sector could boost interest further

LONDON, Aug. 13, 2019 /PRNewswire/ -- Research released by BLEND Network, a leading property investment platform specialising in funding low-cost, accessible housing developments outside of London, shows significant interest from private pension holders in holding P2P loans via self-invested personal pension (SIPP). One in four of the survey respondents said they are interested in including P2P loans in a SIPP, and that if concerns around regulation and a lack of understanding of the sector were addressed, this figure could be higher still.

 Findings

Yann Murciano, CEO of BLEND Network, commented:

"The findings of our research clearly reflects significant demand among private pension holders for access to P2P lending via SIPPs. It also indicates reservations on the part of investors around regulatory developments and understanding of the product. However, the Government, FCA and organisations such as the P2P Finance Association have the opportunity to address the concerns of the SIPP holders we surveyed expressed and further help the growth of the P2P sector."

ABOUT BLEND NETWORK

BLEND Network is a property investment platform focused on lending to established property developers in high-growth areas across the UK but outside London. Lenders can lend from £1,000 to property-secured loans and earn up to 15% p.a.

 


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News published on 13 august 2019 at 04:00 and distributed by: