Press Releases
You can read and download press releases from the Alliance Trust group of companies on this page. Releases are organised in our archive by date, with the latest releases appearing first. If you can’t find a release you are looking for or have any questions please email Media Relations Manager Jane Holligan here.
Archive Press Releases can be found here
13 May 2008
Latest figures show interest rate facing the elderly has surged to 4.1%
Alliance Trust’s independent study of age related inflation has found that inflation surged in April and hit the over 75 year olds the hardest – this age group now faces an inflation rate of 4.1%. Inflation rates facing all other identified age groups have also increased and the majority are running ahead of the official headline rate of inflation of 3.0%.
View the full press release here
22 April 2008
Alliance Trust urges those nearing 75 to weigh up carefully all the options available
Alliance Trust Savings, a leading SIPP provider, today urged all those saving for retirement to consider carefully all their options for taking income from their SIPP as they approach the age of 75. Alliance Trust also notes that the government and pensions providers should help clarify widely held misconceptions about pensions rules, such as that annuities are the only option for people aged 75 and over to take SIPP income, when this is not the case.
View the full press release here
21 April 2008
Alliance Trust announces its results for year to 31 January 2008
Alliance Trust PLC, announced today that its revenue rose to £82.6m in the year to 31 January 2008, from £68.1m in the previous financial year. However, the net asset value of the Company fell to £2,699m in the 12 months to 31 January 2008 from £2,832m the year before. In a volatile year, a sharp fall in stock markets in January 2008 alone when the FTSE All-Share fell 8.7%, erased gains made to the end of the previous 11 months.
View the full press release here
Click here to view the full announcement to the London Stock Exchange
15 April 2008
Latest figures show elderly hit hardest by high food and energy costs
Alliance Trust’s independent study of age related inflation has found that inflation hit the over 75 year olds the hardest in March – this age group faces an inflation rate of 3.4%. Inflation rates facing all other identified age groups decreased slightly in March but still remained ahead of the official headline rate of inflation of 2.5%.
View the full press release here
02 April 2008
Big shake-up for £80 billion worth of PEP investments gives investors more opportunity to 'wake up' their accounts
More than 3.5 million* people will be able to breathe new life into their PEPs, when PEP and ISA consolidation comes into effect on 6 April 2008.
View the full press release here
31 March 2008
Alliance Trust urges investors to make sure they use up their allowance before tax year ends
Investors have only a few days left to use up their tax-efficient ISA allowance with financial services provider, Alliance Trust Savings.
View the full press release here
28 March 2008
Alliance Trust Savings opens up its Adviser Centre
Alliance Trust Savings today announced that it has improved its adviser centre, offering professional advisers a direct link to a fully interactive site incorporating pension planning tools, product factsheets and personalised access to its technical pensions team’s expertise.
View the full press release here
18 March 2008
Elderly hit hardest by high food and energy costs
Alliance Trust’s independent study of age related inflation has found that the inflation rates facing all five of its identified age groups increased in February.
View the full press release here
17 March 2008
Alliance Trust Savings welcomes Close investors on to 'best of breed' investment platform.
Financial services company Alliance Trust Savings today announced that the administration of over 4,200 Close Investments Limited (Close) ISAs, PEPs and share plan wrappers has been successfully transferred to its open architecture investment platform.
View the full press release here
14 March 2008
Alliance Trust highlights end of tax year pension planning opportunities
With the new tax year only days away, Alliance Trust is urging professional advisers to take advantage of ‘use them or lose them’ opportunities for tax saving to enhance their clients' pension arrangements before the tax-year-end deadline passes.
View the full press release here
03 March 2008
Alliance Trust Savings announces successful transfer of investment trust ISAs, PEPs and share plan wrappers from Allianz Global Investors.
Alliance Trust Savings, the financial services company, today announces the successful completion of almost 4,500 ISA, PEP and Share Plan wrapper transfers from Allianz Global Investors’ (AGI).
View the full press release here
22 February 2008
Alliance Trust appoints new non-executive director
Alliance Trust PLC is pleased to announce the appointment of John Hylands as a non-executive director of the Company with immediate effect.
John will join the Audit Committee, becoming its Chairman when the current Audit Committee Chairman, Gordon McQueen, resigns from the Board on 31 March.
View the full press release here
05 February 2008
Alliance Trust comments on its expected entry into FTSE-100 index
Following the announcement today (Tuesday) that Alliance Trust PLC is expected to join the FTSE-100 on Thursday, Alliance Trust Chief Executive Alan Harden said:
“Alliance Trust is an actively managed, broad-based investment group and the fact it has reached this size is a testament to our company’s success in generating investment growth and meeting our core objective. We are here to drive capital and income return over the long term through different economic cycles and that is what we focus on every day.”
View the full press release here
04 February 2008
Alliance Trust appoints Head of Distribution for Alliance Trust Asset Management Limited
International investment and financial services group Alliance Trust has appointed Edward Troughton as Managing Director, Asset Management Distribution. He will play a key role in the development of a new UK asset management business, Alliance Trust Asset Management Limited (ATAM), and will lead the distribution of products and services for ATAM and manage key client relationships.
View the full press release here
23 January 2008
Alliance Trust offers discounted £10-a-buy Investment Dealing
Alliance Trust Savings, the share dealing expert, today announced customers can purchase shares online for the reduced rate of £10 commission until the end of January. The offer will make it cheaper for investors to buy shares which they identify as being bargains as worldwide stock market turmoil drives down some companies’ prices.
View the full press release here
22 January 2008
Consumers ignoring worsening financial reality as budgets take more strain
The global credit squeeze, rising consumer debt, continuing fiscal deficit, inflationary pressures and a potential slowdown in the housing market will slow UK economic growth in 2008 and hamper our ability to react to potential problems, according to a new report from Alliance Trust Research Centre. In the latest report in its Current Issues series, Alliance Trust focuses on the UK economy and the five major challenges it faces in 2008, which will halve the rate of GDP growth to around 1-1.5%.
View the full press release here
21 January 2008
Gold, platinum and diamonds to shine on in 2008, says Alliance Trust
Alliance Trust, the largest generalist investment trust company listed on the London Stock Exchange, today forecast that a combination of rising demand from Asian economies and a continuing global tightness of supply will result in another strong year for the mining sector. Selective investors will be able to benefit from exposure to larger players, while the prospect of a mega-merger between sector giants BHP and Rio could boost mining stocks across the board.
View the full press release here
15 January 2008
Headline inflation remains unchanged despite higher food and fuel prices
Alliance Trust’s independent study has found that the inflation rates facing all five of its identified age groups remained unchanged over the month. Inflation continues to hit the over 75s and the under 30s hardest – these two groups have the highest inflation rate at 2.6%.
View the full press release here
08 January 2008
Five reasons to be wary about prospects for UK growth in 2008
The global credit squeeze, rising consumer debt, continuing fiscal deficit, inflationary pressures and a potential slowdown in the housing market will slow UK economic growth in 2008 and hamper our ability to react to potential problems, according to a new report from Alliance Trust Research Centre. In the latest report in its Current Issues series, Alliance Trust focuses on the UK economy and the five major challenges it faces in 2008, which will halve the rate of GDP growth to around 1-1.5%.
View the full press release here
18 December 2007
Inflation rises for all age groups as food prices soar
Although the official headline rate of inflation remained unchanged at 2.1% in November, Alliance Trust’s independent study found that the inflation rate facing all five of its identified age groups increased over the month. Inflation continues to hit the over 75s and the under 30s hardest – these two groups have both seen their inflation rate increase to 2.6%.
View the full press release here
17 December 2007
Ethical concerns influence investment choices of one in four online dealers
With stories about global warming, human rights and environmental concerns grabbing the media headlines, research by Alliance Trust Savings, the online sharedealing expert, reveals that one in four online sharedealers (26%) take ethical concerns into account when making their buying and selling decisions.
View the full press release here
10 December 2007
Inflation movements top the list of retirement fears for working sixty-somethings
New figures from Alliance Trust Savings, the financial services provider, reveal that the closer people get to retirement, the more they fear the impact of potential inflation movements on their retirement provision.
View the full press release here
05 December 2007
Choose a long-lasting Christmas gift, get the taxman to share the cost, and give your child a pension pot of nearly £2 million
Financial services company Alliance Trust Savings is urging people to forget throwaway presents and, instead, give a child a pension for Christmas. With Britons wasting billions on unwanted presents each Christmas, a pension for a child offers many advantages.
View the full press release here
26 November 2007
Alliance Trust Savings appoints new Director of Pensions Projects
Financial services provider Alliance Trust Savings has appointed Iain Horn, the former managing director of
Decisions Decisions, a leading portfolio planning tools company, to develop existing and new initiatives in its
growing pensions business. Iain has joined Alliance Trust Savings as Director, Pensions Projects.
View the full press release here
19 November 2007
Low US oil inventories and lack of spare OPEC capacity behind recent spikes in oil prices
Alliance Trust says that a drop in US stores of oil as winter approaches along with oil group OPEC’s lack of spare capacity are the two most immediate reasons for the sudden jump in oil prices that have moved close to the $100-a-barrel mark.
View the full press release here
Market View: Oil to float over $50 for at least three years (PDF 56k)
13 November 2007
Inflation rises for all age groups above the official rate as food and oil price starts to bite
Not only did the official rate of inflation rise more than expected to 2.1% in October, but Alliance Trust’s independent study found that, for the first time since June 2007, all age groups are suffering inflation at above the official rate.
View the full press release here
13 November 2007
Alliance Trust Savings reveals top investment trust choices for third quarter
Alliance Trust Savings, a leading UK investment services provider, today publishes the results of its third quarter ‘Alliance Trust ISA Ranking’ for 2007.
View the full press release here
Click here for the latest ISA Top 20 Investment Purchases (PDF 50k)
Archive Press Releases can be found here