First steps

Lets your client invest for the benefit of a child with all the features of our General Investment Account.

What are the main features?

  • Wide range of investments including Unit Trusts, OEICs, Investment Trusts, ETFs, UK Equities, Gilts and Bonds
  • Low annual account charge and no initial charge
  • Flexible adviser charging options
  • View valuations, produce statements, trade and make secure requests online 24/7

There is no maximum limit on the amount your clients can invest through our First Steps Account, and they can make regular or lump sum payments from as little as £50.

Letting clients save on behalf of a child whilst remaining in control of their investments.
  • Charging Structure
  • How to apply

Our charging structure is clear and transparent with flat rate charges, so you and your clients can see exactly how much they are paying.

We regularly review our charges and may alter them to reflect changes in our costs.

We do not charge a set-up fee and have one of the lowest annual account charges in the marketplace. For further details of all our charges, please see our Charges Guide.

Product Charge Online trading fee
First Steps £10 a quarter £9.99

To complete the process of applying for a First Steps Account for your client you must return a signed and completed Application Form to us. The account can also be placed into Trust after it has been opened if required. Once the account is set up, you can manage the account online.

It is assumed that your client will be the person with parental responsibility for the child. It is important that the interests of the child and the parent/ guardian are taken into account when opening a First Steps account.

The account will be set up in the name of the child.

All completed forms should be returned to:

Alliance Trust Savings Ltd
PO Box 164
8 West Marketgait
Dundee
DD1 9YP