Stocks & Shares ISA

For flexible, tax-efficient investing

Whether saving towards something specific or building up funds for the longer-term, an ISA is the foundation for many investors.

There are four types of ISA. Cash ISA, Innovative Finance ISA, Lifetime ISA and Stocks & Shares ISA. Our ISA is the Stocks & Shares type, which means you invest your money to benefit from potential investment growth over the longer term.

ISAs shelter your savings from tax:

Invest up to £20,000 (2019/2020 tax year)

Access your money any time

No Capital Gains Tax

No Income Tax

Important Information

Investments can go down as well as up. You may get back less than you originally invested. Laws and tax rules may change in the future without notice. This information takes no account of your personal circumstances which may have an impact on tax treatment.

Alliance Trust Savings does not give financial or investment advice. You need to ensure you understand the risks and commitments before investing. If you are unsure you should speak to a financial adviser before investing.


Is it right for me?

  • Looking to choose from a range of investments including funds, investment trusts, ETFs and shares
  • Want to hold your investments in a tax-efficient Account
  • Willing to view these as medium to long term investments (5 years or more)
  • Comfortable with putting your capital at risk for the possibility of better returns

Why invest with Alliance Trust Savings?

  • Real-time trading in UK-listed securities
  • Regular, monthly investing for just £1.50 a trade (Terms and Conditions apply)
  • Minimum investment of just £50

Four easy steps to open aN ISA

1

Read the ISA Key Facts and our Charges Guide

2

Decide how much you want to invest

3

Use our Investing Hub to choose your investments

4

Login to apply, or speak to your financial adviser

FAQs AND RESOURCES

What is an ISA

An ISA or Individual Savings Account is a wrapper that helps shelter your investments from tax and is designed for medium to long-term investment (5 years or more). We offer a Stocks and Shares ISA which means that you can invest through funds, in shares directly or in a combination of both.

What is the ISA allowance?

The ISA allowance for the 2019/2020 is £20,000. Once you have opened your Account with us, you can check your ISA allowance usage through our online secure service.

Opening an ISA

Who can open an ISA

If you are 18 or over and resident in the UK you can apply for a Stocks & Shares ISA.

If you are not a UK resident you can still open an ISA if you are performing duties as a Crown servant overseas (for example, serving in the armed forces or a diplomat) or married to / in a civil partnership with someone who is.

You must hold your Stocks & Shares ISA in your own name and you can only pay into one Stocks & Shares ISA, one Innovative Finance ISA, one Lifetime ISA or one Cash ISA each tax year. Alliance Trust Savings only offer a Stocks & Shares ISA.

How do I open an ISA Account?

The quickest, cheapest and easiest way to open an ISA with us is online using our secure service. You can also apply by post by downloading our ISA application form or through your financial adviser.

Investing

How do I choose where to invest?

We can’t give you advice, but our Investing Hub is packed with research tools, ideas and information to help you when you’re making investment decisions.

If the fund you want to buy is not available, please let us know as we regularly review the funds we offer and make changes based on customer demand.

Paying in

What payment methods do you accept?

Debit card, Direct Debit (for regular payments), transfer from your bank account and cheque.

How do I pay money into my Account?

We’ll send you a password and Personal ID to use on our secure online service, where you (or your financial adviser) can manage your Account, including the payments you make. If you prefer, you can also give us payment instructions over the phone or by post. For the detail of how to pay using the different methods we offer, read our Platform Guide which you can find in Forms and Literature.

Who can pay into my Account?

For ISAs only you can pay into the Account. You can set up regular monthly or quarterly payments online by direct debit at any time. You can also send us your instructions by post by completing an Instruction Form which can be found in Forms and Literature.

Transferring in

Can I transfer other ISAs to ATS?

Yes, you can transfer your Cash ISAs or other Stocks & Shares ISAs into a Stocks & Shares ISA with Alliance Trust Savings. We charge flat Account fees that don’t grow with your investments, making our charges very competitive for larger ISA pots.

Transfers from previous tax years won’t count towards your ISA allowance for this year. But if you transfer an ISA that you opened this tax year the amount you’ve already paid in to it does still count.

Your current manager might charge you for transferring. We may not offer the same investments they did so you could be out of the market for a time during the transfer process

How do I transfer an Account elsewhere to you?

You need to complete our Transfer In Request Form for the relevant type of Account. You can find these in Forms and Literature. The form should be returned to us and we will make contact with your current provider to arrange the transfer.

How long can I expect that it will take to complete a transfer?

If you are transferring an ISA it can take up to 30 working days.

Charges

What are the charges?

We charge flat Account fees for our platform services. These cover the basic ongoing cost to us of managing an Account for you and charges for other services you may ask us to provide - buying and selling investments for example. You can download our Charges Guide in Forms and Literature.

Is there a price difference to trade online or by post?

It’s cheaper to trade online, £9.99 a trade compared to £50 by phone or post. You can also benefit from a loyalty discount for online or telephone trading after 5 years. Full details can be found in our Charges Guide.

Do charges apply to transfer my Account in or away from you?

We don’t charge for transfers in, but we do charge for transfers out. Please refer to our Charges Guide for more information.

Keeping track

How often will I get a valuation and statement?

You will receive a valuation and statement covering all of your Accounts with us four times a year and you'll be able to check the current value of your Accounts online at any time by logging in to our secure online service.

You can find more Frequently Asked Questions here.

Helpful resources

To view all our forms, Account documents and helpful guides, click on the button below:

View Forms and Literature

How much could your ISA be worth?

Use our interactive savings calculator to work out how much you might be able to save.



Use our Savings Planner

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.