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Welcome

Summer is almost over but we still have some special offers to let you enjoy the last of the sunshine – click here for more details.

We have had a busy few months at Alliance Trust Savings with the launch of our international equities trading service. We have been delighted with the response so far, and we asked one of our loyal customers to tell us exactly why he values the service.

I hope you enjoy this issue and if you have any suggestions for future topics please email us at marketingresponses@alliancetrust.co.uk.

Robert Burgess
Chief Executive

Important Information
This newsletter is prepared for general information only. Please remember the value of investments and any income from them can go up or down and you may not get back the amount you invested. All investments carry an element of risk, which may differ significantly, and if you are unsure as to the suitability of any particular investments, you should seek professional financial advice. Foreign markets will involve different risks than UK markets, in some cases the risks will be greater. You should remember that the amount of tax relief depends on your individual circumstances and that the beneficial tax treatment of ISAs may not continue in the future. Alliance Trust Savings does not give financial or investment advice. Information relevant to 2011/12 tax year unless otherwise stated.

This information is based on our understanding of current tax law and HM Revenue & Customs (HMRC) rules. Legislation and tax regulations are not guaranteed and can change at any time. Current tax advantages may change and could be withdrawn; tax rates and reliefs may change and depend on individual circumstances.