Sales are testimony to wide appeal
Article Abstract:
Unit trusts are increasingly popular in the UK with both private investors and institutions. They still have room to expand since only 5% of adults hold unit trusts. Personal Equity Plans (Peps) have helped boost their popularity and can provide investment vehicles that are as tax-efficient as pensions. Unit trusts started out in the 1930s as a means of allowing small investors to gain access to the stock market while keeping risks low. Unit trusts can invest in cash and bonds as well as shares.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Competition forces costs down
Article Abstract:
UK unit trusts are reducing their charges due to increased competition. The Personal Investment Authority (PIA) is to announce rules covering disclosure of charges to investors. The Securities and Investments Board (SIB) also plans to publish pricing proposals which could affect charges. Initial charges have been reduced and some companies charge only between 1% and 2%. Exit charges may become increasingly common if the SIB single pricing proposal is introduced.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
The many uses of a unit trust
Article Abstract:
Units trusts can be used in a number of ways by UK investors and these include repaying mortgages and saving for children's school fees. Unit trust personal equity plans are more tax efficient than endowments for repaying mortgages. Unit trusts can also be used to increase retirement income since private retirement provision is needed due to a drop in the value of state pensions. A further use for unit trusts is a means of making investments for children.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Consumption, dividends, and the cross section of equity returns. Idiosyncratic consumption risk and the cross section of asset returns
- Abstracts: Calling all exceptional managers. The verge of insanity
- Abstracts: Statement for a new generation. The essence of an entity. Landfill liability: a new Public Sector Handbook section gives guidance to governments on the recognition and measurement of closure and post-closure liability of solid-waste landfill sites
- Abstracts: Study: marketers underestimating trade ad leads. Recognizing the best of b-to-b work - and the challenges it presents
- Abstracts: Mersey Docks is ready to rebound. Mersey Docks lays ghosts to rest