☰ My Favourites
×

Register or Login to save your list

Alliance Trust Savings Review

as of 27/08/2020 at 9:51 am

Holly's View

Stop press: Alliance Trust Savings has been acquired by Interactive Investor. We’d suggest new potential customers should head over to this other fixed fee platform for a look. No point in opening a new account here now.

Our Pension Rating

Recommended For

Confident Investor

In a nutshell

Low cost for larger portfolios

Wide range of investments

Poor website

You Say

Your overall rating

Based on 65 reviews

View all reviews

What to Expect

Investment Choice

Products

Stocks and Shares ISA

Junior ISA

Investment Account

Pension

Investments available

Funds from other groups

Stocks and shares

Investment help

Pick your own funds

Pick your own shares

The 'Geeky' Details

Provider details

Alliance Trust Savings is one of the few groups that has a fixed £ fee, rather than as a percentage. An ISA costs £10 per month and a pension is £21. This makes it relatively cheap for larger portfolios (about £75,000+) but expensive for smaller. Not worth it if you have less than £50,000 in which case it is too pricey for what you get. There are also charges for buying and selling funds, so there are cheaper options available for those that regularly invest small amounts into multiple funds.

There is a wide range of investments from which to choose – including shares and funds – which might confuse the less confident. Behind the public website, the secure site is still a bit clunky and it's not the easiest or most intuitive site to navigate around. Typically liked and used by more confident investors with larger portfolios who aren't after bells or whistles but low-cost access to a trading and investment platform.

Important Facts & Figures

Provider Size:

Large firm: manages £bns on behalf of investors and financial advisers

Minimum amounts:

Sign up for Holly's blog

Stay up to date

Our free weekly blog with Holly's
no-nonsense opinions, tips & food for thought.
If you change your mind, you can unsubscribe at any time. We'll never share your details and you can unsubscribe any time.