Busy times on the financial catwalks
Article Abstract:
Personal equity plans (PEPs) are a popular, tax-free investment vehicle in the UK, with sales focused on the beginning and end of the tax year. Important developments in 1996 included the arrival of groups such as Direct Line and Virgin, selling low-cost, simple products which proved to be so popular that the more traditional PEP providers were forced to review their cost and marketing strategies. In 1997, the introduction of open-ended investment companies should increase the range of the PEP market.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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A rich menu for sound constitutions
Article Abstract:
Investors in personal equity plans (PEPs) may often ignore the unit trust option, but they have several attractions and advantages. One of the main advantages of investment trusts is the availability of shares at discount rates and investors who buy when the discount is wide and sell when it narrows can make a quick gain. The advantages of investment trusts are analysed.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Let the law of averages take the strain
Article Abstract:
Regular monthly saving through a personal equity plan (PEP) is an efficient way of building up capital and also offers a reasonably risk-free way of investing in the stock market. However, it can be argued that investors with modest incomes and few savings would be better off contributing to an investment or unit trust scheme.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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