ATS

Alliance Trust Savings to Change Charges

Alliance Trust Savings, one of the more popular investment "platforms" for retail investors, is to raise some of its charges, while reducing others, effective from the 1st February 2017. On-line trading charges will reduce to as low as £7.99 per transaction (if you qualify for the maximum loyalty discount - or £9.99 for no loyalty discount). But postal or telephone trading charges will be increased substantially, although these will be offset by the introduction of a loyalty discount on those also so ...

Problems at Alliance Trust Savings

An article in FTAdviser has reported a number of problems with the new technology platform being implemented by Alliance Trust Savings (ATS). They decided a couple of years ago to upgrade to a new software platform so as to improve the service to clients, but there have clearly been some major teething troubles. For example, one IFA said that the first and only time she put a client on the new platform had been a disaster. She said "the platform had been ...