PEP

If you have a PEP (PEPs were introduced in January 1987 to encourage saving and investment in the UK) you should be aware that it is no longer possible to contribute to existing PEPs, these PEPs continue to be protected from certain income and capital gains taxes.

You can still withdraw any holdings and returns from your PEP or switch between investment products within your PEP. It's a good idea to review the investments in your PEP regularly. You can also transfer the PEP investments to another PEP provider, but check the benefits and the costs first.

If you would like to discuss your existing PEPs or ISAs or would like to set up a new ISA please contact us.