The Anonymous Widower

Peer-to-Peer Lending And Retirement

This article in the FT, entitled Zopa To Launch Product For Retirement Savers is a must-read for anybody who is retired or thinking about it. This the first paragraph.

The UK’s largest peer-to-peer lending service, Zopa, is developing a new investment product tailored to people beyond retirement age who will have much more flexible access to their pension savings from April.

It sounds that I’m using my Zopa funds in a similar way. There is one big difference though in that I’m doing it using the standard Zopa system, so I’m not paying anybody in the middle for commission or advice.

My use may have advantages, in that as funds comes available they can be stored away in Zopa.

January 3, 2015 - Posted by AnonW | Finance | Peer-to-Peer Lending, Retirement, Zopa