Standard Life axes low cost saving scheme


#1

Investors have the option of transferring to ATS or going elsewhere but unless they transfer to another manager all options are relatively expensive.
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#2

Standard Life don’t really have enough investment trusts to justify having their own scheme.

If Alliance Trust Savings only charge £1.50 per month to invest regularly that is pretty good. If you’re putting away £100 per month in to a particular trust then £1.50 for the advantage of being able to do this is good going and good value I think.