Cash Individual Savings Accounts (ISAs)
The Cash Individual Savings Account (ISA) or cash savings ISA is part of a scheme introduced by the UK government in 1999 to help people save for their future. This new scheme replaces the existing PEP (Personal Equity Plan) and TESSA (Tax Exempt Special Savings Account) schemes.
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Guide to Personal Equity Plans (PEPs)
The UK government had introduced PEPs as a way for people to invest in stocks and shares in a tax-free manner. However, since the introduction of Individual Savings Account (ISAs) in April of 1999, PEPs have been replaced with stocks and shares ISA. No further contributions or new PEPs can be established since that date. However, you can withdraw your money at any time.
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Individual Savings Accounts (ISAs)
The UK government has recently introduced the Individual Savings Account (ISA) to help people save for their future. This new vehicle replaced the existing PEP and TESSA schemes. The PEP (Personal Equity Plan) and TESSA (Tax Exempt Special Savings Account) schemes have been closed as of April 1999.
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Life insurance ISAs
The UK government introduced ISAs, which stand for Individual Savings Accounts, in April 1999, to replace the existing PEP (Personal Equity Plan) and TESSA (Tax Exempt Special Savings Account) investment schemes. The ISA is a tax-free savings scheme to encourage people to save for the short- and long-term.
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Online banking
Dealing with your bank or financial institution has become so easy with the advent of the internet. There is no longer a need for you to even set foot in a bank branch; almost everything can now be done on the computer via the internet through online banking. On top of which many banks now offer online banking as a free service to their customers.
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Self Select Individual Savings Accounts (ISAs)
Self Select Individual Savings Accounts or ISAs are part of a scheme that the UK government introduced to help people save for their future. This new scheme replaces the existing PEP (Personal Equity Plan) and TESSA (Tax Exempt Special Savings Account) schemes.
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What is an Individual Savings Account (ISA)?
An ISA, which is short for Individual Savings Account, is a method of savings that was introduced by the UK government in 1999. The aim is to help people save for both the short-term and long-term. The ISAs have replaced the existing PEP (Personal Equity Plan) and TESSA (Tax Exempt Special Savings Account) schemes, which are now closed.
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What services are on offer online?
Still paying your bills through the mail and going to your bank branch to deposit your checks? It might be time that you give online banking a try. Many banks are providing an increasing number of services online, making it easier for customers to do their banking. Now you can pay bills, check your balance, order checks and much more any time you like, without having to rush to the bank before closing.
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