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Alliance Trust Savings have a team of media commentators who regularly appear in the press.
All press releases and advertorials will appear in this area, so you can see what we are actively commentating on.
Alliance Trust Savings has welcomed today’s announcement by the Financial Conduct Authority that it has stayed true to the ideals of the RDR and the consultation paper in June 2012 by banning all legacy payments on past business between fund managers and platforms.
Alliance Trust Savings (ATS) will start to convert investments in rebate paying funds prior to 31 December 2012 to clean share classes, moving it to an entirely clean-only platform for new and existing business by the end of 2013.
Alliance Trust Savings (ATS) has expanded its platform team with the creation of two new roles to support the development and marketing of its investment proposition to direct and intermediary customers.
Alliance Trust Savings (ATS) has today announced the addition of nearly 100 new funds to its investment platform. The new funds, from established fund groups Marlborough, Fundsmith, Cornelian and SWIP, are now available to ATS investors as clean priced share class funds at a typical rate of 0.75%.
In the run up to the end of the current tax year, Alliance Trust Savings’ latest research has shown that for the second year running Edinburgh is the leading city, town or area in the UK with the highest number of their customers who have maximised their ISA allowance.
“Today’s announcement from HMRC that rebates will be taxed at a client’s marginal rate of income tax is surely the final nail in the coffin for unit rebates. Applying unit rebates from an industry perspective would be highly complex to both administer and to explain to customers..."