Apt Financial Management


Following changes by the Chancellor of Exchequer, PEPs were merged with Stocks and Shares ISAs after 6th April 2008.

Tax efficient PEP wrappers were automatically converted to ISAs preserving the investments within them. This resulted in a small change to the way interest held within the PEP is taxed however the ISA still benefits from being free of Capital Gains Tax and Income Tax.

PAUL TOON - Independent Financial Advisor

Paul ToonIf you would like to discuss any aspects of our investment proposition please feel free to contact us    » more about Paul

Although PEPs no longer exist, your old PEP wrappers can still be consolidated into a single ISA account and the investments you hold can be changed. Any ISA, including former PEPs, can be transferred between investment managers without losing the valuable tax benefits.

The value of investments and income from them may go down. You may not get back the original amount invested.

Information is based on our current understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from taxation, are subject to change.


Apt Financial Management, 4 The Willows, Hulland Ward, Ashbourne, Derbyshire DE6 3EW
Phone: 01335 370 515