PEP's into ISA's

wynn_whitehead

My husband and myself have had two PEP's for a number of years and these have now changed to ISA's - one of them has done really well the other not so well - but now with the change i am not sure whether to leave them where they are or cash them and put them somewhere else. They are both with what i considered to be good companies, ie Jupiter and Invesco - any advice would be welcome

nrsql

Pep and ISA are just tax free wrappers. It's the undderlying investment that has performed or not.
If you cash them in you will lose the tax free status (which may not be a problem) but you should be able to transfer them within the wrapper if you are not happy with the investments.
You can probably also transfer the ISA to another provider like Hargreaves Lansdown which would give you a large number of investments to choose from and easy dealing.

dunstonh

PEPs and ISAs dont make or lose money. The investments within them do that and you have tens of thousands of investment options.

They are both with what i considered to be good companies, ie Jupiter and Invesco

They are both still good fund houses but that tells us nothing about your investments. Both of these very good fund houses have very good funds and some pretty awful funds. I suspect you have your money in just one fund of each from the way you describe it and that may be your problem. Single (or limited) fund investing is old fashioned and is not the right way to invest,