April 2, 2015
Assetz Capital has launched its first SIPP offering, allowing investors to include P2P loans in their SIPP portfolio.
The development of this offering gives a significant boost to P2P lenders, who are currently disproportionately affected by tax, which is paid on losses as well as gains. Within a SIPP, interest earned on P2P loans – typically 6.5 per cent p/a or greater (before any possible loan losses and taxes) on the Assetz Capital platform – should be tax free.
The move means that investors can take advantage of a P2P SIPP after pensions freedom day, on Monday 6 April 2015.
Investors who use Assetz Capital to invest in P2P loans within their SIPP enjoy several benefits:
Stuart Law, CEO of Assetz Capital, commented: “This development is part of P2P’s wider maturity. Increasing numbers of investors are incorporating P2P loans into their investment portfolio, and there are substantial tax advantages for doing so via SIPPs.”
Existing SIPP holders wanting to invest in Assetz Capital loans via their SIPP should visit www.assetzcapital.co.uk. Those interested in learning more about SIPPs may wish to visit www.assetzcapital.co.uk/sipp-investment for further information.
The offering has been launched in conjunction with SIPPclub. SIPPclub helps existing SIPP holders, or those interested in SIPPs, to learn about the range of investment opportunities open to them with a view to maximising their potential returns.
For more information, visit www.assetzcapital.co.uk
Note to editors
To arrange interview with any of the Assetz Capital founders, please contact:
020 3176 4994
Stuart Law, Chief Executive,
Assetz Capital Limited
07977 982 401
About Assetz Capital Limited
Assetz Capital aims to create a fairer lending landscape, providing non-bank loans to small and medium sized enterprises and property developers in the UK, helping them gain access to finance for their projects and future business growth. Rather than being just a website or a dot com business, it is run by professional bankers with huge experience of quality and safe lending, alongside a nationwide network of relationship managers who visit and vet potential borrowers. Tangible security is in place to reduce the risk of capital losses for investors and traditional credit assessment techniques are employed rather than computer based assessments.
Assetz Capital is part of the long established Assetz group of companies, founded by Stuart Law, which has over 60,000 registered, cash rich private investors.
Call Assetz Capital: 0207 8701023 or visit www.assetzcapital.co.uk