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.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The Spice of sudden fame. Let's play hunt the famous. The day a language died
- Abstracts: Here's a game that's truly infectious. A battle for the sonic boom. Brian Eno's generation game
- Abstracts: Papua PM forced to resign as arm leader wins their battle of wits. Africa's new enforcers
- Abstracts: Nanny may not know best, but she's cheap. A modernised monarchy? I don't think so - just look at poor Harry. Just when you think you know someone
- Abstracts: Lessons in how to love. A woman's work