Alliance Trust Savings has partnered with financial services consultancy Altus to provide automatic re-registration of assets.
Alliance Trust Savings has also signed up to industry body Tax Incentivised Savings Association's (TISA) TEX agreement which helps facilitate the re-registration of assets to agreed standards between participating members. The Retail Distribution Review (RDR) mandated that all platforms, providers and fund managers should allow for re-registration of customers' assets. Alliance Trust Savings proposition and service director Elaine Maddison said: "We are delighted to be partnering with Altus to automate our existing fund re-registration process. Altus' understanding of our business an...
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