Charges
Article Abstract:
Charges for UK personal equity plans (Peps) have been reported as price competition appears to have intensified. There is also a debate as to whether charges should come from income or capital. Charges vary according to whether investors choose unit trusts, investment trusts or direct investment. Unit trust Peps should not cost more than ordinary unit trusts, though there may be an extra charge for investment trusts used as Peps. Direct investment may involve higher charges and it may not be worth reinvesting dividends.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Cashing in on Pep allowances
Article Abstract:
UK investors can hold cash as part of a personal equity plan (Pep) if they are seeking to use allowances for the 1994-1995 FY but do not want to invest in securities. This can be done through self-select Peps and through schemes offered by some companies such as Perpetual. Not all investment managers offer Peps cash facilities, and some argue that there is insufficient demand. The UK tax authorities set no time limits on investors holding cash, but investors should not test this by exceeding a 12 month period.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Regular savings rip-off
Article Abstract:
UK investors saving through regular monthly payments into a personal equity plan (Pep) often pay higher charges than those saving through lump sums. Some low-cost tracker Peps do not offer regular savings schemes, while others levy extra charges which can have a major impact on the performance of the investment. There are other disadvantages to regular savings plans, such as not benefiting so much from compound interest as savers using lump sum savings schemes.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Shaping hedges. Charity changes. Global times
- Abstracts: Global challenge. Ruling the world. View from the top
- Abstracts: Roxboro. Sourcing growth. Farnell Electronics: next stop the world
- Abstracts: Choosing a unit trust. Personal equity plans: the year of living safely. No such thing as a free guarantee: a spate of guaranteed equity plans have come to market. In principle they sound ideal for cautious investors but there is a price to pay
- Abstracts: Trading is distorted by privileged few, says OFT. Wandering off. Family firms place a price on vote