SG
Asset Management ISA and PEP Transfers
SG Asset Management ISA and PEP Transfers
ISAs
were introduced by the Government in 1999 following on from
the huge success of Personal Equity Plans (PEPs) and Tax Exempt
Savings Plans (TESSAs). Their aim was to educate private investors
and promote the benefits of long-term savings.
Offering
a more flexible savings vehicle than previous tax-friendly
products, you can invest in either: cash, stocks and shares
or a life insurance product. SG Asset Management offer the
stocks and shares option via investment in their unit trust
range.
There
are limits to the amount you can invest in an ISA.
Any
interest or income received are free from income tax until
April 2004. Any appreciation in the value of your investments
is free from capital gains tax. In short, Individual Savings
Accounts (ISAs) stop the taxman taking his cut in the profit
you make from saving!
SG
Asset Management ISA Transfers
You can transfer your existing ISA from another manager to
SG Asset Management at any time. Simply print off an ISA Transfer
form (this form is in a pdf format and requires Abobe Acrobat
to view) and send it to SG Asset Management with your existing
ISA manager's details and tell them how you would like to
split your investment into the SocGen unit trusts. SG Asset
Management will do the rest.
For
further information on SG Asset Management ISA and PEP Transfers
visit the SG Asset Management website.
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