Pep transfers remain a valuablemarket tool

Although Peps closed their doors to new money over four years ago, the amount of funds still sitting in them offers intermediaries considerable sales opportunities

Just over four years ago Peps closed their doors to new money. Over that time, it is understandable that both fund managers and intermediaries have pared back the resources they lavish on these tax-free forerunners to the Isa. But the volume of assets under management within Peps still makes them worth serious consideration as a sales opportunity. True, much of it is 'dormant' money. But there are enough Pep managers out there who are treating their client-base with relative apathy to allow proactive fund managers to tap into this sleeping market. And we are not talking here about peppe...