Alliance Trust Savings targets advisers with revised pricing model

clock

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Wealthtime signs ten-year deal with Wipro to overhaul platform

Wealthtime signs ten-year deal with Wipro to overhaul platform

The firm will use Wipro's artificial intelligence

Sahar Nazir
clock 01 April 2025 • 2 min read
Adviser platform assets up to £616.2bn in 2024

Adviser platform assets up to £616.2bn in 2024

Strong advised platform new business throughout 2024

Jenna Brown
clock 19 March 2025 • 3 min read
Aberdeen's Kenny: 'We need to get our flows into positive territory'

Aberdeen's Kenny: 'We need to get our flows into positive territory'

CDO on service, technology and ‘moving the dial’

Isabel Baxter
clock 13 March 2025 • 4 min read