Alliance Trust launches fund supermarket

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Alliance Trust Savings has launched a fund supermarket with a commission rebate model to provide investment dealing and pensions to individual investors and their advisers.

Investors will be able to trade in a wide range of funds plus more then 3,000 other vehicles including investment trusts, equities, ETFs, gilts and corporate bonds. The platform will offer share dealing, investment wrappers and accounts for investing for children such as First Steps and a Children’s SIPP. The firm also has a full range of SIPPs from the share dealing SIPP which allows a choice of 3,000 investments, to a full SIPP that permits investment in commercial property and other assets. Alliance Trust Savings will charge a flat-rate fee of £12.50 for online dealing and will o...

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