Innovative Finance ISA

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf Individual Retirement Account
gptkbp:abbreviation gptkb:IFISA
gptkbp:allowsInvestmentIn crowdfunding debt securities
peer-to-peer loans
gptkbp:benefit tax-free interest
gptkbp:country gptkb:United_Kingdom
gptkbp:eligibility UK resident aged 18 or over
gptkbp:excludes equities
cash deposits
stocks and shares
https://www.w3.org/2000/01/rdf-schema#label Innovative Finance ISA
gptkbp:introducedIn 2016
gptkbp:maximumAnnualSubscription £20,000 (2023/24)
gptkbp:partOf ISA family
gptkbp:protectedBy gptkb:Financial_Services_Compensation_Scheme_(FSCS)
gptkbp:regulates Financial Conduct Authority
gptkbp:riskFactor higher than Cash ISA
lower than Stocks and Shares ISA (in some cases)
gptkbp:subject FCA rules
gptkbp:transferredTo yes
gptkbp:bfsParent gptkb:Stocks_and_Shares_ISA
gptkb:Individual_Retirement_Account
gptkbp:bfsLayer 7