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Octopus Choice wins Moneyfacts Innovation Award

October 24, 2017

Octopus Choice wins Moneyfacts Innovation Award

Octopus Choice, our take on peer-to-peer lending, returned triumphant from this year’s Investment Life & Pensions Moneyfacts Awards as the proud winner of the Innovation Award. Octopus Choice was voted winner by the financial adviser community and Moneyfacts’ own team of expert researchers.

The annual Moneyfacts Awards are totally independent and presented for product excellence and outstanding service across the range of financial services. Accepting the award was Sam Handfield-Jones, Head of Octopus Choice.

“There's a nice irony in winning an innovation award for a product which helps advisers and their clients access one of the oldest, most traditional asset classes around — property,” stated Sam. “Though our peer-to-peer technology might be new and innovative, the underlying investment class is anything but. We're proud that Octopus Choice can help make it easier for retail investors and their financial advisers to invest in an asset class that has been, until recently, difficult to access.”

Octopus Choice was launched a little over a year ago and has since helped over 500 advisers and 4,000 retail investors earn nearly £2 million of collective interest. But be aware, past performance is not a reliable indicator of future results. For a free trial, simply set up an account right here, with a minimum investment of just £10.

Keep in mind, Octopus Choice is not a cash savings account. The value of an investment and any income from it can fall or rise. You may not get back the full amount you put in. Money invested through Octopus Choice is concentrated in property and could be affected by market conditions. For the same reason, instant access cannot be guaranteed.

Sam concluded his remarks, stating, “In today's challenging investment landscape, we think opportunities for investors to target a regular, inflation-beating return are only going to get more and more popular. We're excited about what's in store — and very grateful for this award.”

Thanks to everyone involved in helping shape the product over the last 18 months (not to mention financial advisers and researchers who voted for us)!