- Savings and Investment
About PEPs ( Personal Equity Plans )
have over time built-up significant amounts of money in Personal
Equity Plans (PEP). But contributions to PEPs ceased on 5 April
1999, by this time some £92 billion had been invested before
PEPs were replaced by individual
savings accounts (ISAs).
There are no
qualifying periods for PEPs in order to benefit from the tax advantages.
But as PEPs are equity based investors should regard a PEP as a
long term investment.
of ISA and PEP Transfer Providers
provide general financial information, we urge you to consult an
Financial Adviser ( IFA )
before making any important decisions about your finances.