personal equity plan

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Personal Equity Plan

An investment vehicle formerly used in the United Kingdom to encourage investment by small investors. PEPs could invest in unit trusts, investment trusts, and some other collective investment vehicles on an individual basis. Gains from PEPs were largely tax-free, though these privileges gradually eroded until individual savings accounts replaced PEPs entirely in 1999.

personal equity plan (PEP)

a scheme introduced by the Government in 1987 to encourage small savers to invest tax-free in UK ORDINARY SHARES. PEPs were replaced in 1999 by INDIVIDUAL SAVINGS ACCOUNTS.

personal equity plan (PEP)

a scheme introduced by the UK government in 1987 to encourage small savers to invest tax-free in UK ORDINARY SHARES. PEPs were replaced in 1999 by INDIVIDUAL SAVINGS ACCOUNTS.
References in periodicals archive ?
With more than 7,500 service bays in more than 800 locations in 35 states and Puerto Rico, Pep Boys offers tires, maintenance and repair and parts and accessories.
Along with these company-owned stores and Bridgestone s more than 5,000 long-standing dealers and distributors in the United States, Pep Boys distribution network will help reach even more consumers with the products and services they want when they need them.
6% of exposure incidents, PEP began before rabies was ruled out.
Bob Vincent, principal at West Ranch, said he was excited by the students' spirit and energy at Thursday's pep rally, the first of four planned this football season.
For further information about PEP Real Estate, contact them at 212-925-3280, e-mail them at pepreal@aol.
Apart from being able to spread risks on a global basis, it will be permissible to transfer part of a Pep to another Pep manager, and not just a whole Pep, as applies at present.
Are there any situations when the benefits of nevirapine for PEP outweigh the risks?
For example, Royal & Sun Alliance are giving four per cent discounts across their unit trust PEP range.
If you are not happy with your PEP's growth you can either switch it to a different PEP run by the same managers or transfer your whole PEP to a completely different fund manager.
PEPs give you complete flexibilty in retirement because you can take out as much or as little as you like when you like.
A general PEP invests in a number of different shares, while a single company PEP includes the shares of just one specific company.
The PEP schedule is designed to hold the children's attention without overwhelming them.