PEP up a child's Christmas
Howard Lake | 4 January 1999 | News
In December, NetPEP – Britain’s first online Personal Equity Plan and Tracker Unit Trust – launched the first charity-linked online PEP by teaming up with Great Ormond Street Hospital Children’s Charity to help raise funds needed for helping sick children.
In December, NetPEP – Britain’s first online Personal Equity Plan and Tracker Unit Trust – launched the first charity-linked online PEP by teaming up with Great Ormond Street Hospital Children’s Charity to help raise funds needed for helping sick children. For every PEP bought from netPEP the company will contribute the estimated first year’s annual fee to the Charity. For example, if you invest £5,000 netPEP will hand over £17.50.
Richard Carswell, netPEP¹s co-founder said: “We believe many people will be happier to invest in a PEP in the knowledge that it will help sick children.
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“With the April deadline fast approaching and ever-increasing numbers using the Internet, we think that a PEP that generates income for charity in this way will be very popular. By joining forces with GOSHCC, in what we believe is the first online link between a charity and a PEP provider, we are offering a chance for investors to lock in their tax-free PEP allowance and help those less fortunate.”
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.