Which Chancellor of the Exchequer introduced
personal equity plans (PEPs)?
Good news too for older savers who invested in ISAs' forerunners - the
Personal Equity Plans or PEPS.
Under other reforms announced yesterday, child trust funds will now be allowed to roll-over into ISAs on maturity, and
personal equity plans will be brought within their wrapper.
The 33-year-old was made a manager with Wise Speke in Pilgrim Street, Newcastle, in 1997 with responsibility for the transfer of
personal equity plans.
Individual Savings Accounts (ISAs) were introduced by Labour in April 1999 to replace
Personal Equity Plans (PEPs).
QI HAVE a variety of
Personal Equity Plans with various companies which have done pretty well over the past seven years.
You've got until late March to make the move and tuck up to pounds 18,000 per couple in
personal equity plans and earmark up to another pounds 9,000 for a TESSA before these tax-free vehicles drive off into the sunset.
UP to pounds 1billion will be poured into
personal equity plans (PEPs) in the next two weeks.
Personal Equity Plans offer tax-free growth in the fund and you have access to your cash any time you need it.
5 billion in segregated and pooled pension fund accounts, unit and investment trusts, offshore funds, an absolute return fund,
Personal Equity Plans and Individual Savings Accounts.
We have built up a considerable amount in
Personal Equity Plans, Mini Cash Isas and Equity Isas.
New subscriptions to
personal equity plans (PEPs)and tax-exempt special savings accounts (TESSAs) were stopped,and Individual Savings Accounts (ISAs) were introduced to replace them.
