Individual Savings Accounts (ISAs) were introduced by Labour in April 1999 to replace Personal Equity Plans
ALOT has been written about the demise of Personal Equity Plans
and the appearance of the new Individual Savings Accounts, or ISA as they will be known.
You have just over three months in which to tuck it into tax-free personal equity plans
(PEPs) or a tax-exempt special savings account (TESSA) - before the doors slam shut on starting any more of these schemes.
5 billion in segregated and pooled pension fund accounts, unit and investment trusts, offshore funds, an absolute return fund, Personal Equity Plans
and Individual Savings Accounts.
Good news too for older savers who invested in ISAs' forerunners - the Personal Equity Plans
I have been reading that it is now possible to invest into property via personal equity plans
(Peps) and individual savings accounts (Isas).
New subscriptions to personal equity plans
(PEPs)and tax-exempt special savings accounts (TESSAs) were stopped,and Individual Savings Accounts (ISAs) were introduced to replace them.
QI HAVE a variety of Personal Equity Plans
with various companies which have done pretty well over the past seven years.
You've got until late March to make the move and tuck up to pounds 18,000 per couple in personal equity plans
and earmark up to another pounds 9,000 for a TESSA before these tax-free vehicles drive off into the sunset.
and EU investment products, including unit trusts, Open Ended Investment Company, Societe d'Investissement a Capital Variable, investment trust savings plans, equities, personal equity plans
and individual savings accounts.
They were launched in 1999 to replace Personal Equity Plans
(PEPs) and TESSAs, which had been introduced by the previous Government, in a bid to encourage people on low and middle incomes to save.
The credit will also be scrapped for Personal Equity Plans
and ISAs from April 2004.