Our Account charges cover the basic ongoing cost to us of managing an Account
for you, for example, maintaining records, custody of your investments, preparing
information we send to you and making reports to the relevant parties.
We charge a flat account fee which means that as your wealth grows, the charges you pay to us won't. We don't charge a percentage of the value of your investments so the amounts you pay depend on the accounts you hold, the services you use and how often you use them. Not on your wealth.
|Account charge||£10 a month|
Our account charge now includes 4 online trades a year. You are not able to opt out of the inclusive trades. Dividend reinvestments and regular buys through our online monthly dealing service do not count towards your inclusive trades and will continue to be charged separately.
|Supplementary Account charge|
|Supplementary Account charge||£375 a year|
There are some cases in which more work is involved than others for us to look after your account and we must take on more risk than usual in doing so. Three such cases are:
The charges you pay to buy and sell investments depend on:
|Dealing service charges|
|Buy or sell online (without any loyalty discount)||£9.99 for each transaction|
|Buy or sell over the phone||£50 for each transaction|
|Buy or sell by post||£50 for each transaction|
|Regular dividend reinvestment||£5 for each transaction|
|Regular buy (direct debit) instructed by post||£5 for each transaction|
|Regular buy (direct debit) instructed by online monthly dealing service||£1.50 for each transaction|
|If you’ve continuously held an Account with us for 5 years or more, you qualify for a loyalty discount when it comes to buying or selling investments online or by telephone.|
|You’ve held your account for||You can buy or sell online for||You can buy or sell over the telephone for|
|Foreign exchange rate|
|International investments are bought and sold at our standard dealing charges. Where deals are made in a currency other than Sterling, prices are converted to Sterling at a rate based on the prevailing interbank exchange rate. This is done by a specialist UK-based ‘market maker’ to get the best rates we can. We then add a fee to cover our costs in arranging this for you. Because of the way the foreign exchange market works in practice, this is the only time we have to charge you a percentage fee.|
|Value of trade||International Trading Fee|
|£0 - £24,999||1.50%|
|£25,000 - £49,999||1.00%|
|£50,000 - £99,999||0.50%|
|Other service charges|
|Your Account charge covers the cost of many other Services we provide. But where Services are more complicated and can take up a lot of our time without any realistic prospect of covering costs through your Account charge (transferring investments out is a good
example of this), we do ask you to pay for those.
That goes back to our flat fees philosophy. You cover the costs of the Services you use. It’s only fair.
|1. Transferring in and out|
|Transferring investments in from a maturing share scheme||£15 per investment|
|Any transfer out to another provider||£100 plus VAT|
|Transferring an investment out into a share certificate in your name||£20 per investment|
|2. Issuing paper documents|
|Paper Document charge (half-yearly statement and valuation, Contract notes, Tax certificates for Investment Dealing Accounts, Statutory money purchase illustrations for SIPP accounts)||£25 plus VAT|
|A one-off valuation||£30 plus VAT|
|A paper duplicate of any document we have already issued to you, either online or in paper form||£15 plus VAT|
|3. Other one-off events|
|Valuing your Account and making future arrangements for it following your death||£200 plus VAT|
|Repairing or voiding your ISA when required under HMRC rules||£100 plus VAT|
|Writing to a third party (a mortgage provider for example) to confirm the value of your Account||£30 plus VAT per letter|
|Making a one-off cash payment to you using CHAPS (we don’t charge for payments by cheque or BACS)||£20 per payment|
All of our ISA charges are listed on this page.
Unfamiliar with some of the terms? Our glossary might help.go to the glossary
Find out how you could potentially benefit from moving your ISAs to Alliance Trust Savings.Find out more
It’s much cheaper to buy and sell investments online than by post.
One of many reasons it makes sense to manage your account online.
As well as our charges and fees, you will also pay a charge for your investments to the fund provider or investment trust.
For funds (OEICs, Unit Trusts, ETFs and Investment Trusts) the details are in the Key Investor Information Document (KIID)/Key Information Document (KID).Look these up in our Investing hub
Consider our Investment Dealing Account to invest more in the markets in a timely and cost efficient way.
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.