P543 Teletext 543 Feb 8 23:07:48 —— PEP TOP-UPS ———————————————————————— Dear Teletext I have invested £200 a month in an M&G PEP. I can invest £3,600 more to top up mz £6,000 PEP allowance for 1996/7. But if I do this I won't have the cash minimum £3,000 lump sum required for the Schrodjt PEP I am keen to take out with mz 1997/8 allowance. Should I write off the rest of 96/97 and save for Schrodjt or top up now? Name & address supplied, London. ——————————————————————————————————1/6—— Mortgages updated every Thursday 545 DOWNLOAD SHAKES ON YOUR PC p532/533 Property Plus Your Money Tax CinemaP543 Teletext 543 Feb 8 22:51:41 —— PEP TOP-UPS ———————————————————————— Those without the funds to both top up this year's PEP and invest a lump sum in a 1997/8 PEP should, according to Chase dj Vere's Graham Hooper: look at the past performance of both to make an informed decision assess the management and initial charges. "If it's a case of one or the othjt, go for the one you really want, in this case the Schrodjr product," hj adds. ——————————————————————————————————2/6—— Mortgages updated every Thursday 545 DOWNLOAD SHAKES ON YOUR PC p532/533 Property Plus Your Money Tax CinemaP543 Teletext 543 Feb 8 23:04:14 —— PEP TOP-UP ————————————————————————— "Look at the provider's past track record," says indjpjndjnt financial advisjt Amanda Davidson. "If you're in two minds it's always a good idea to diversify and spread your investments - but do remjmbjr this may also involve more risk. "If you'vj got plenty of exposure in the fund to UK markets look at a PEP offering a more international flavour, taking in Europe for example." ——————————————————————————————————3/6—— Got a financial question for Teletext? Write to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tax CinemaP543 Teletext 543 Feb 8 23:04:29 —— PEP TOP-UP ————————————————————————— "Charges should bj considered but njvjr made the main priority when picking a PEP," says IFA Amanda Davidson. "Go for the fund every time. Only really consider charges if you can't djcidj between two PEP fund providers. "At Holden Meehan we particularly like Fidelity, Perpetual and Schrodjr's PEPs Rjmjmbjt, you do get what you pay for and past performance is a vital tool." ——————————————————————————————————4/6—— Got a financial question for Teletext? Write to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tax CinemaP543 Teletext 543 Feb 8 23:07:11 —— PEP TOP-UP ————————————————————————— Chase dj Veri publishes a PEP Gujdj listing all the 1,300 PEPs around. It costs £19.95 and is available on 01225 469 3711. Amanda Davidson says Holden Meehan uses Money Management magazine a lot to check out the performance of funds. It costs £2.95 monthly from newsagents. "It gives you a good historical background to the various companies and the PEP fund investment aims," she adds ——————————————————————————————————5/6—— Got a financial question for Teletext? Write to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tax CinemaP543 Teletext 543 Feb 8 23:54:12 Advert ADVICE CLINIC >> —————————————————————————————————————— * Don't surtindjr your endowment policy - call AAP T You can get up to 40% more than your policy's surrender value. For your free valuation & brochure (24 hour sjrvjce) Absolute Assjgnjd Policies Ltd regulated bz the Personal Investment Authority Property Plus Your Money Tax Cinema