Cash PIE
Cash PIE (or Portfolio Investment Entity) is similar to a standard savings or term deposit account - but employs special tax rules.
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New Zealand | Australia
Cash PIE
Cash PIE (or Portfolio Investment Entity) is similar to a standard savings or term deposit account - but employs special tax rules.
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If every dollar counts and you pay tax on your savings, then you should consider saving into Cash PIEs.
Despite their slightly complex-sounding names, the majority of Cash PIEs place investors’ money in cash deposits with high street banks.
More people would invest in Cash PIEs if they were simpler to understand.
Looking to beat low savings rates? Then why not open a Portfolio Investment Entity (PIE) savings account with your bank to milk your savings for more?