Versatility exploited

Investors are still interested in personal equity plans (Peps), and are prepared to buy them as a long-term investment prospect even though the market is currently static. Pep-based investments certainly offer attractive long-term yields, although investors should be cautious about misleading statistics. Peps are also beginning to be recognised as extremely versatile, as they can be used in areas such as school fees planning and building up a fund to pay off the capital sum on a mortgage.