ISAs replaced PEPs and TESSAs for new investment with effect from 6 April 1999. ISAs are tax-privileged investment plans and the amount that you can invest in them is limited by annual limits. ISAs may only be run by HMRC approved ISA managers. On 6 April 2008, all personal equity plans (PEPs) were reclassified as stocks and shares ISAs and the PEP regulations were withdrawn.
The information given does not provide specific advice and may not be suitable to your individual circumstances.Last Updated
The value of your investments - and the income from them - can fluctuate and it is possible that you might not get back a significant amount of your investment. Past performance is not a guide to future performance and may not be repeated.