As your wealth grows, the charges you pay us won’t
We charge flat fees for our platform services. These are made up of monthly Account fees to 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 also find these in our Charges Guide. These may change in the future.
Apart from child Accounts, these charges include four online trades a year (excluding online trading through our monthly online trading service or dividend reinvestment trades).
|Account type||Monthly charge|
|Individual Savings Account (ISA)||£10.00|
|Investment Dealing Account (IDA)||£10.00|
|SIPP at the ‘savings’ stage||£21.00 (£17.50 plus VAT)|
|SIPP at the ‘income’ stage||£28.50 (£23.75 plus VAT)|
|First Steps Investment Account||£3.33|
|Child SIPP||£7.98 (£6.65 plus VAT)|
|Supplementary Account charge (if applicable)||£375 a year (plus VAT for SIPP Accounts only)|
Apart from Child Accounts, four online trades a year (excluding online trading through our monthly online trading service or dividend reinvestment trades) are included in the Account charge. Further trades are charged at the following rates.
|Account type||Trading charge|
|Buy or sell online||£9.99|
|Regular dividend reinvestment online||£5.00|
|Regular buy using online monthly trading service||£1.50|
|Buy or sell over the phone||£50.00|
|Buy or sell by post||£50.00|
|Regular buy instructed by post||£5.00|
We offer Loyalty Discounts for trading online or over the phone. These begin to apply if you continuously hold an Account with us for 5 years or more.
|Held your Account for||Buy and sell online||Buy and sell over the phone|
|More than 20 years||£7.49||£37.50|
We offer access to overseas stocks and shares that can be traded through Crest in CDI form. If we trade for you in these, in a currency other than Sterling, we use a specialist UK-based market maker to get the best exchange rate we can and then add a fee to cover our costs. The way the foreign exchange market works means we have to charge a percentage fee for this service.
|Value of trade||International Trading Fee|
|£0 - £24,999||1.50%|
|£25,000 - £49,999||1.00%|
|£50,000 - £99,999||0.50%|
|£100,000 or more||0.35%|
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.
|Transferring investments in from a maturing share scheme to an ISA||£15 per investment|
|Share exchange to fund an ISA||£40 per investment|
|Transfer out to another provider (ISA, Junior ISA)||£100 plus VAT|
|Transfer out to another provider (IDA, First Steps IDA)||£60 plus VAT|
|Transferring an investment out into a share certificate in your name||£20 per investment|
|Transfer out to an overseas pension scheme||£200 plus VAT|
The fee that we charge you for moving to another pension provider will depend on when you
opened your SIPP and what age you are at the date of transfer.
The following charge applies to transfers out from a SIPP and annuity purchases.
|Opened SIPP prior to 31 March 2017||Opened SIPP on or after 31 March 2017|
|Under 55||55 and over||Under 55||55 and over|
|1% of transfer value or annuity purchase price up to a maximum of £150+VAT||1% of transfer value or annuity purchase price up to a maximum of £150+VAT||1% of transfer value or annuity purchase price up to a maximum of £150+VAT||No charge|
|Issuing paper documents|
|All paper documents including statements and valuations, contract notes and tax certificates (if appropriate)*||£25 plus VAT|
|A one-off valuation||£10 plus VAT|
|A paper duplicate of any document we have already issued to you, either online or in paper form||£15 plus VAT|
|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|
|Implementing a ‘Sharing Order’ following a divorce (only applicable to SIPP Accounts)||£200 plus VAT|
|Make a one-off ‘uncrystallised funds pension lump sum’ (UFPLS)||£40 plus VAT|
|Sending any money (for example, a late payment from your employer or any late income from your investments) to a receiving pension scheme after your Account has closed||£50 plus VAT|
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.