by Richard Allum on 2 April 2008
Due to falling yields in the gilt markets, NS&I are reducing the rates on all fixed rate investments on 2 April 2008.
NS&I is to offer a new guarantee on its popular Direct ISA. From 6 April 2008 the Direct ISA will pay interest at 0.30% above the Bank of England base rate. The [...]
by Richard Allum on 12 March 2008
The new rules harmonising PEPs and ISAs together with the huge increase in limits come into force on 6 April. Invesco Perpetual has produced a very good guide to these rules which you can download by clicking here.
by Richard Allum on 27 February 2008
It has now been confirmed that some of the previously expected changes to PEPs and ISAs will take effect from 6 April 2008.
Changes to PEPs
New contributions into PEPs were stopped when the Labour Government introduced ISAs in 1999. Funds still in PEPs retain their tax privileges and it is still possible to move money [...]