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Pensions

Do you like value for money, choice and control?

You’ll love the pensions on offer from Alliance Trust Savings.

If you are looking to save for your future then look no further. We offer two pension products that could help you achieve your retirement aspirations:

Select SIPP

The Select SIPP offers a wide choice of investments available through our i.nvest platform, including:

  • UK and International Stocks and Shares
  • Fixed Interest securities
  • Gilts
  • Investment Trusts
  • 1400+ funds

If you invest in a fund we will invest any rebate we receive from the fund manager back into your SIPP.

Award-winning Select SIPP

Readers of What Investment voted us Highly Commended for the Best SIPP Provider 2011.

What Investment Readership Awards 2011. Winners Select SIPP Alliance Trust Savings

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Market leading rebates

If you invest in a fund we will invest any rebate we receive from the fund manager back into your SIPP. Many providers who do not have an explicit annual administration charge retain these rebates. Fund rebates can reduce the effective annual management charge of the fund by up to 50%. Over the lifetime of your pension rebates could increase the value of your pension fund by many thousands, resulting in higher income in retirement.

A fund of £100,000 over a 20 year term could be worth up to £38,950 more at retirement. You can find out more about the fund choice and rebates available by downloading our fund list.

Fund Value £100,000 Rebate 10 Years 15 Years 20 Years
Select SIPP 0.75% £179,650 £241,470 £324,972
Competitor 0% £169,122 £219,938 £286,022
Difference n/a £10,528 £21,532 £38,950

Notes: * Figures based £100,000 being invested over a term of 20 years with an annual charge of £135+VAT and a fund Annual Management Charge of 1.50% with a rebate of 0.75% applying compared to a product that has no annual charge but retains the rebate. Four deals per annum are accounted for in the Alliance Trust Savings projections in comparison to a competitor model that does not charge for purchases and sells. Deals are assumed to be online and are charged at £12.50 per transaction. An annual growth rate assumption of 7% applies. The actual growth rate over the term will be dependent on investments chosen and performance and may be lower or higher than 7% which will determine the final value of the pension

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Investment Selector

Our investment research tool 'Investment Selector' is powered by Morningstar. To read more about the research services available please go to the 'Investment Selector' tab at the top of the page.

Low annual administration charge

There is no set up charge and a very cost-effective annual administration charge of £135 plus VAT. This charge applies on 1 February and then annually thereafter. In your first year a proportionate charge will apply.

Our Schedule of Fees provides full details of all our charges.

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Cost-effective dealing

If you set up a direct debit online to contribute on a monthly basis the dealing charge is only £1.50 per security.

Our standard online dealing charge is £12.50. If you hold Alliance Trust PLC shares in your SIPP you can receive up to a 50% discount on this charge.

Shareholder Benefits

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Risk Warnings

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. The value of tax savings and your eligibility to invest in a SIPP depends on individual circumstances and all tax rules may change. You normally cannot take an income from your pension until age 55. Foreign markets will involve different risks than UK markets. In some cases risks will be greater. The potential for profit or loss from transactions on foreign markets or in foreign currency denominated markets will be affected by fluctuations in foreign exchange rates.

If you are unsure whether a SIPP is suitable for you or are uncertain about which SIPP is most appropriate for you, you should take professional advice specific to your particular circumstances.

How do I apply?

Before making any decision you should read our Select SIPP Key Features document and our Schedule of Fees.

The quickest and easiest way to apply for an Alliance Trust Savings Select SIPP is to do so online.

Before you apply you'll need to make sure that you have your National Insurance (NI) number, and your bank account or debit card details to hand. If you do not intend to make a contribution when opening your SIPP account you should apply via our application form.

Apply now for a Select SIPP

When you apply online you will be able to choose to invest immediately or wait before making your investment choice.

You can also apply by post. Simply complete our application form and return it to:

Alliance Trust Savings Limited
PO Box 164
8 West Marketgait
Dundee
DD1 9YP

If you want to transfer an existing pension arrangement you have into your Select SIPP account you will need to complete our transfer in form.

When you open your Select SIPP with us, we'll send you a PIN and Personal ID so that you can use our i.nvest service.

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Full SIPP

If you are looking for additional investment flexibility, including the ability to:

  • hold assets with a discretionary manager
  • invest in commercial property
  • invest in unquoted shares

You may wish to consider our Full SIPP. Due to the complex nature of some of the investments available within the Full SIPP you should seek financial advice before applying for a Full SIPP.

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