Maximise value with Peps and savings schemes

Article Abstract:

UK investors can benefit from a rise in the limit for personal equity plans (Peps) to 50,000 pounds sterling from 6,000 pound sterling from May 1996, brought about by a scheme using existing regulations from Scottish Amicable. Investors invest in income shares with tax free dividend income, and in warrants. The shares will be redeemed after seven years when the trust's lifetime ends. Investors can also use saving schemes to invest in investment trusts, and can pay lump sums.

United Kingdom, Tax planning, Scottish Amicable Investment Managers Ltd.

---

M and G

Article Abstract:

M and G has changed its accounting practices for its life insurance and pensions activities in line with European Union norms. The company's unit trusts have ranked low in performance tables. Unit trust and investment trust sales have increased as have funds under management. Personal equity plans (Peps) have shown especially strong growth though from a low starting point. The company's pre-tax profit is forecast at 75 million pounds sterling for 1996 to 1997.

Commercial Banks, Investment Banking and Securities Dealing, Portfolio & Funds Management, Portfolio management, M and G Group

---

Schroder offers dull diversity

Article Abstract:

Investment trusts tend to have lower charges for UK investors than do unit trusts. Unit trusts and investment trusts can perform as well as funds of funds. Schroder is a unit trust manager which is offering portfolio management for small investors through its Strategic Management Service. This is a unit trust which invests only in Schroder unit trusts. This restriction could dampen performance, and the annual fee of 1.5% is somewhat high.

Schroders PLC

Similar abstracts:

• Abstracts: Invetsment trusts' following grows. Savings schemes. PEP options
• Abstracts: More flow than ebb. Gainful employment. Lawyers lead the field
• Abstracts: India: disillusionment. India: going up. Rueful reflections on the Indian rope-trick
• Abstracts: Japan: stay overweight. Japan: so far, so good
• Abstracts: When the best price isn't so good. Sharedealing: here's the deal.... Broking a good deal

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.