What does PEP mean? What is the full form of PEP?
The full form of PEP is Personal Equity Plans
A personal equity plan (PEP) was an investment plan introduced in the United Kingdom that encouraged people over the age of 18 to invest in British companies. Participants could invest in shares, authorized unit trusts, or investment trusts and receive both income and capital gains free of tax
PEPs were replaced with Individual Savings Accounts (ISA) in 199
- The personal equity plan (PEP) was a U.K.-based initiative designed to encourage domestic investment by individuals.
- The PEP provided certain tax incentives to promote individual investment in stocks.
- The PEP was replaced by Individual Savings Accounts (ISA) in 1999 and is no longer offered.
PEP
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Personal Equity Plans
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