UK Asset Company 8.5% ISA - Genuine or Too Good to be True?
UK Asset Company are advertising to switch your ISA and earn 8.5% Is this genuine or a scam?
Before assessing such an advert you need to realise what they are advertising. It's a genuine advert but you may not understand what is being offered. To offer the returns as high as 8.5% the product is NOT a cash ISA. It will be an investment (share/stock market) ISA where your capital is at risk. You could lose all your money by investing in this ISA as many investors in London Capital Finance ISA Bonds are now worrying. Many people don't understand that there are different ISAs beyond cash ISAs and some providers are making the most of the confusion.
This site is most likely getting commission from passing leads to an unregulated investment provider which is not covered by the FSCS or regulated by FCA for selling products directly to customers.
It's very likely that you will be asked to confirm you are a high net worth investor or will not be putting more than 10% of your savings into such a product.
These are very high risk bonds that can lose your money.
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| UK Asset Company - Genuine or Too Good to be True? |
This site is most likely getting commission from passing leads to an unregulated investment provider which is not covered by the FSCS or regulated by FCA for selling products directly to customers.
It's very likely that you will be asked to confirm you are a high net worth investor or will not be putting more than 10% of your savings into such a product.
These are very high risk bonds that can lose your money.
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