Business results for 2018:
An update for all our customers

Published: 1 March 2019

2018 was a great year for the Alliance Trust Savings business and, following today’s annual results announcement by our parent company Alliance Trust PLC, we’re pleased to look forward to an even brighter future.

We’d like to thank all our customers for your valued business and ongoing support.

Key facts and figures for 2018

  • We made an operating profit before tax of £1.1m.
  • Our business income (revenue) grew by 10% to £29.6m.
  • We reduced the costs of running our business.
  • We made significant improvements to service.

And, here’s what our Chief Executive Officer, Peter Docherty had to say about these results:

“2018 was a tremendous year for Alliance Trust Savings. It was a year where we invested heavily in the business and our people to deliver improved customer service and position ourselves for growth. The results announced today clearly demonstrate that this has worked. They also make it clear that there’s an obvious need for flat fees, in particular in the advised market, and we look forward to continuing to offer all our customers a genuinely different, and desired platform proposition, based on transparency and fairness.”

For more detail, read Alliance Trust PLC’s annual results announcement.

Flat fees can work for everyone

We charge for our services based on flat Account fees. And with the results we’ve achieved in 2018, believe the demand for this approach is more obvious than ever.

It’s simple. Flat fees don’t grow with your investments. They can be great value at larger Account values compared to fees that are linked to the value of your investments. It costs us roughly the same to manage your Account whatever its value, so we think that’s only fair.

See how our charges compare

Important information

This is provided for general information only. It is not a recommendation to buy or sell. It is provided solely to support you in making your own investment decisions. Alliance Trust Savings does not give financial or investment advice.

Remember the value of your investments and any income from them can go down as well as up and you may get less than the amount you invested. All investments carry an element of risk which may differ significantly.

An exciting future ahead

In October last year Alliance Trust PLC announced it had agreed the sale of Alliance Trust Savings to Interactive Investor, the UK’s second largest investment platform.

As fellow champions of the flat fee approach, Interactive Investor is a natural new home for us.

The deal is still subject to regulatory approval and doesn’t affect our service to you, which continues as normal. Once complete, combined with the investment we’re already making we believe an exciting future lies ahead for our customers, our intermediary partners and our business.

Alliance Trust Savings Limited is a subsidiary of Alliance Trust PLC and is registered in Scotland No. SC 98767, registered office, PO Box 164, 8 West Marketgait, Dundee DD1 9YP; is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, firm reference number 116115. Alliance Trust Savings gives no financial or investment advice.