Article Abstract:
Holders of United Kingdom individual savings accounts (Isas) may wish to invest in emerging markets, and they face fewer restrictions than they did with previous schemes offering tax benefits. This allows them to balance portfolios more easily and to select investments from a wider range of vehicles. Investment trusts offer advantages for investors compared with unit trusts since they are less restrictive. They also permit long-term decisions and planning compared to unit trusts where investments may be sold when uits are redeemed.
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Article Abstract:
United Kingdom single company personal equity plans (Peps) offer tax advantages to investors who invest 3,000 pounds sterling, an investment limit which is available in addition to the 6,000 pounds for general Peps. This type of investment is risky, so advisers recommend that a general Pep alowance be used prior to a single company allowance. Owners of privatization or windfall stocks may wish to use this type of Pep, and they should assess charges for setting up the Pep.
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Article Abstract:
United Kingdom individual savings accounts (Isas) come in different forms, including cash Isas, which offer good rates and tax benefits. Investors with a preference for stocks should use maxi Isas. There is a wide range of mini cash Isas, and mini-Isas allow for specialist managers to be used for different components of the Isa investment. Maxi Isas do not offer such a wide choice, and may not offer as good interest rates for the cash element of the Isa.
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