Isas to be used as accounts feeder

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Peps and Isas stand to become flexible savings vehicles for pensions under the stakeholder tax propo...

Peps and Isas stand to become flexible savings vehicles for pensions under the stakeholder tax proposals issued last week As anyone who is not earning will be able to contribute up to £3,600 a year into a pension, this means anyone who is not working but has a pot of Pep or Isa money could roll at least some of it over into a pension The use of the Isa, as suggested in the Inland Revenue's consultation paper on tax and stakeholder pensions, would allow people to save up for stakeholder in a feeder account but still have access to their funds unlike the case if these went directly into a p...

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