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.
And, here’s what our Chief Executive Officer, Peter Docherty had to say about these results:
For more detail, read Alliance Trust PLC’s annual results announcement.
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.
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.
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.