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Retail industry

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No need to be confused

Article Abstract:

Many people are unwilling to invest in a personal equity plan (PEP), as they regard them as too complicated. In failing to do so, they are missing out on an excellent long-term savings option, especially if they pay tax. A single company PEP, in which the money is invested in the shares of only one company, is in fact very straightforward, as is the self-select PEP, in which a portfolio of shares is administered by a chosen broker. Most PEPs are packaged plans which invest in ordinary stocks and shares through unit and investment trusts.

Author: Lyons, Tony, Welsby, Ken
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
Management, Savings

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A better way to buy a house

Article Abstract:

Those seeking a mortgage deal should pay particular attention to the way in which the loan must be repaid. Repayment mortgages are still the most popular, being particularly suitable for those who are unwilling to take risks and are in salaried occupations. However, interest-only loans can offer greater flexibility, as they can be transferred when you move home. There are also a number of other options, including with profits endowment mortgages, pension mortgages and Pep mortgages, where contributions are made to a personal equity plan.

Author: Lyons, Tony
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
Commercial Banks, Mortgage and Nonmortgage Loan Brokers, Consumer Mortgage Loans, Evaluation, Mortgages

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