The Pep and Isa Managers Association is to change its name to the Tax Incentivised Savings Association, from the 1 July.
It says it has decided to rename itself TISA to “reflect the wider scope of activities undertaken by the organisation and its members”, as it moves away from its original focus of Peps and Isas. In December Chancellor Gordon Brown confirmed in his Pre-Budget Report Isas would continue past 2010 to become permanent fixtures of the savings landscape, while Peps have been brought within the Isa wrapper with the rules of the two schemes becoming merged - meaning they effectively no longer exist. As a result more recently PIMA says it has expanded into other areas of saving such as Child Trus...
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