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ISAs & PEPs

Individual Savings Accounts (ISAs)

ISAs were introduced by the UK Government on 6 April 1999 to replace the existing tax-free savings vehicles, PEPs and TESSAs.

Diageo offers corporate ISAs through Halifax Share Dealing.

Click here for contact details to obtain a brochure giving full details of the Halifax Share Dealing corporate ISAs

Personal Equity Plans (PEPs)

General PEPs were first introduced by the UK Government in January 1987 as a means of encouraging wider share ownership by offering various tax advantages to individuals investing in quoted companies. In January 1992, single company PEPs were introduced and many FTSE-100 companies offered a corporate single company PEP. These included Grand Metropolitan PLC and Guinness PLC and, following the merger in 1997, Diageo plc.

PEPs were replaced by Individual Savings Accounts (ISAs) on 6 April 1999. Existing PEPs may be retained or transferred to other providers.

Click here for contact details of the corporate PEP providers for former Grand Metropolitan PEP holders and for former Guinness/Diageo PEP holders

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