Alliance Trust predicts PEP resurgence after ISA rule change

Claudia Philips, managing director of investment dealing at Alliance Trust, says investors may have let their PEPs take a back seat when ISAs were introduced in 1999. For the first time since April 5, investors will be able to subscribe new money to their PEPs, and Alliance Trust says the rule changes also give investors the chance to manage their holdings more efficiently in an ISA by checking their asset allocation across their whole investment portfolio. Philips says: “Since the introduction of ISAs in 1999, many PEP investors may well have left their PEP investment sitting idle while ...