For some, today may have been just another blue Monday. However, today also marked the 10th birthday of the peer-to-peer lending industry, and here at Lending Works we’re proud to acknowledge this landmark occasion.
Many people hold a fear of the unknown, and given that peer-to-peer lending (P2P) platforms in the UK are considered to be the new kid on the block, it’s understandable that they are often approached with a degree of caution.
Last year’s announcement by Chancellor George Osborne regarding the pension reforms gave many soon-to-be pensioners cause for celebration. However, sceptics fear the absence of a requirement to turn at least part of the pension pot into a secure income could have gloomy consequences.