Liquid Millionaire - isaco

Notes
Sub-headline: Investing with PEP and ISA allowances, a Kent
couple built up a £1m-plus fund in just 20 years.
Mentions in article “…and now hold a portfolio worth more than
£1.3m.”
http://www.telegraph.co.uk/money/main.jhtml?xml=/
money/2007/02/10/cmtax10.xml
69. Barclays Stockbrokers - Barclays Stockbrokers ISAs seminar.
http://www.mediazone.brighttalk.com/comm/Barclays
Stockbrokers/7e53459277-7011-314-6514
70. At the time of writing (11th May 2008) the Government had not
imposed any limits that ISA portfolio values could grow into.
71. www.hm-treasury.gov.uk
Individual Savings Accounts ( ISAs)
ISAs are available indefi nitely;
All Personal Equity Plans (PEPs) will automatically become
stocks and shares ISAs.
Savers can transfer money saved in cash ISAs into stocks and
shares ISAs.
A new structure and limits, removing the Mini/Maxi distinction.
From April 2008, every adult will have an annual ISA investment
allowance of £7,200. Up to £3,600 of that allowance can be
saved in cash with one provider. Th e remainder of the £7,200
allowance can be invested in stocks and shares with either the
same or another provider.
http://www.hm-treasury.gov.uk/documents/fi nancial_services/
savings/topics_savings_isas.cfm
195