Over the last few months we have been working with RateSetter, a leader in the new peer- to- peer market, to help create an Adviser Portal to assist with your management of client’s cash or near cash deposits.
We are pleased to say the Portal is now live, and can be accessed at no cost for either you or your clients.
The sector is now regulated by the FCA ( from April 2014) and offers deposit rates significantly in excess of those normally available. The amounts on deposit have grown quickly as sectors of the consumer market recognise the value in this new approach. RateSetter has also gained a rating from FE, the first peer- to peer lender to be rated anywhere in the world. Naturally, you will also look at the risks associated with the underlying company.
We have gathered together some helpful information for you to consider whether these products may be of interest – either as near cash solutions for short term purposes, or longer term portfolio holdings as low risk investments.
If you have a look at this Adviser Home link you will see details of our Adviser Research, FCA Papers on the sector and a brief video from RateSetter. From there, you can register directly with the Adviser Portal.
We are pleased to be able to bring this new Adviser Portal to your attention – it’s been designed with intense adviser input and we feel it will act as a valuable business tool to help organise your clients’ cash holdings whilst offering very attractive rates.