More relaxed Pep rules mean investors can now easily diversify their portfolios in order to protect themselves from volatile stock markets, says Sandra Lymburn
Current stock market volatility and the Chancellor's relaxation of the Pep rules from April this year makes this a good time for clients to take stock of their Pep portfolios. The new rules mean that the millions of investors with general Peps can now diversify their UK and European-biased portfolios into global holdings. The three million plus holders of single company Peps can also now consider transferring their £7bn of subscriptions into General Peps. Many may wish to consider diversifying their portfolios in order to protect their investments from the worst effects of a volatil...
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