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.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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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.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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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.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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