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New to DIY investing?

Here we get you started by walking through a few basics and introducing you to the Alliance Trust Savings platform.

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Are you new to DIY investing?

Are you thinking about starting to invest, or do you want some information about different investment options? The following information will help to get you started and support you in your investing goals.

If you’re not sure what to do you should speak to a financial adviser.


Important information

You should bear in mind that the value of your investments can go down as well as up and you may get back less than the amount you originally invested.

Alliance Trust does not give advice. You need to ensure you understand the risks and commitments before investing. If you are unsure you should consult a Financial Adviser before investing.


A quick checklist to begin


1. What’s your plan?

Before investing ask yourself a few simple questions: Why are you investing? How much can you afford to invest? And be realistic; investing is usually something you’d do in the hopes of growing your savings in the medium to longer term (5 to 10 years). So if you’re saving for something in the short term – say Christmas or a holiday that’s coming soon - you might be better off with a straightforward savings account.

How much do you need to invest to meet your goals?
Use our interactive tools to find out

2. How much risk can you take?

What you’re investing for, your age, your income and other sources of wealth and whether you have dependants to consider are all things likely to have an impact on the amount of risk you are willing and able to take. Investing always involves risk but you can manage this in different ways. For example by spreading your money across different investments with different levels of risk and by making regular investments over time rather than committing all your money in one go.

Different investments have different levels of risk
Research the different types to learn more

3. Are you making the most of your tax allowances?

ISA and SIPP accounts are tax advantaged ways to invest. Your investments grow free of income tax and capital gains tax as long as you stick to certain allowances.

You can’t usually take money out of a SIPP until you are 55, so that isn’t for everyone. But it generally makes sense to use up your ISA allowance each year before investing through IDA.

Learn about ISA tax advantages
Learn about SIPP tax advantages

4. Research, research, research

Before you make any decisions about how to invest, do your research. This is essential to understand how much risk might be involved with an investment, what the charges might be, how you might expect it to perform (remembering that past performance is not a guide to future performance) and what sort of income it might pay you.
Visit our investment hub

It’s packed with resources to teach you more and help you find the right investment to meet your goals.

5. Keep a close eye on things

Be sure to review your investments against your plan, and ask yourself if you’re still on track (our interactive calculators can help with this). By reviewing regularly and taking action when you need to you should reduce the chances of any nasty shocks.

You might want to consider setting aside a regular time to check the progress of your investments. And if you’re making regular payments into your Account, think about increasing those each year in line with inflation.

Managing your investments online and in one place through a service like Alliance Trust Savings makes it easy to keep a close eye on things. You can also trade quickly and efficiently this way. Including in real time for listed securities.
Learn more about our platform
Why invest through Alliance Trust Savings?

6. If you’re unsure, get advice

DIY investing isn’t for everyone. If you’re not confident you know what you are doing you might want to get help from a financial adviser instead. And even if you are confident, there might still be times when you need advice. For example on complex investment and pension decisions or tax issues.
Find a financial adviser

About the Alliance Trust Savings platform

Our platform is intuitive and easy to use, but if you ever run in to trouble or prefer to talk to someone it’s backed by our friendly Client Service team. Based in Dundee and just a phone call away on 01382 573737 (from 8am to 5pm, Monday to Friday).


When you sign-up we’ll send you a Personal ID and password. It’s faster and cheaper to trade online (£9.99 a trade compared to £50 by phone or post). And after 5 years you’ll benefit from a loyalty discount for online and telephone trading (read our charges guide for the details).

Calls may be recorded for training and security purposes.

Find out what you can do online   View platform demos



Platform

A way to access and deal in a wide range of investments, holding them all together in one place through one or more types of Account and managing everything using just one Personal ID and one Password
Read our platform guide

Research different account types

Before you choose any of the products below make sure you understand its aims and risks. You should ensure you have read the Key Facts document and - if you are investing in funds - the relevant Fund Factsheet and fund Key Investor Information documents beforehand. These are available through our Investment Selector. If you are unsure you should seek professional financial advice.

Individual Savings Account (ISA)

Invest up to 20,000 in the 2017/18 tax year. Your savings grow free of income and capital gains tax.

find out more   Apply now

Investment Dealing Account (IDA)

No tax advantages. But no investment limits either. Includes real time online trading in listed securities.

find out more   Apply now

Self-Invested Personal Pension (SIPP)

An account for your longer term future. Offers full flexibility for when you access your pension savings.

find out more   Apply now

Junior ISA Account

Give your child a start by investing up to £4,128 in the 2017/18 for them. They get access from age 18.

find out more   Apply now

First Steps IDA

No tax advantages. But no investment limits either. Keep control over when your child gets access.

find out more   Apply now

Child SIPP

Start tax advantaged savings for your child’s much longer term future. Up to £3,600 a year (gross).

find out more   Apply now

Extensive investments to choose

Browse investments

Our Investment Selector is powered by Morningstar, a leading provider of investment research. Use it to:

  • Check what you can access through your Account (over 4,000 investments to choose from)

  • Find out about the risks and charges for each investment (which are on top of the charges you pay us for your Account)

  • Review past performance for investments although remember that past performance is not a guide to future performance

Expert insights with

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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.