Alliance Trust Savings (ATS) will launch a new flat-free pricing model later this month, in an attempt to grow its advised business.
The platform's existing structure charges a £40 annual fee on its ISA accounts and £135 on SIPPs, with a £12.50 dealing charge for each transaction. The new model will charge 40bps for accounts under £75,000, 30bps at £100,000, 20bps at £150,000 and 12 bps for clients with assets over £250,000. ATS has seen interest in its current dealing charge arrangement from advisers, which will remain in operation, but believes the new model will offer an equally attractive alternative. "Price may not be everything but it should feature in the top three considerations for any adviser, alongsid...
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