Alliance waives annual charge and transfer fee for Select SIPP

From 1 June 2011 to 29 July 2011 all new Alliance Trust Savings Select SIPP customers will not be charged an annual SIPP charge until 1 February 2012.

In addition, all Select SIPP transfer in fees, normally £50+VAT per transfer, will be waived for both new and existing customers where the transfer request is received between 1 June 2011 to 29 July 2011.

This great offer means that there has never been a better time for customers to choose Alliance Trust Savings for their Select SIPP.  The offer also offers a very cost effective way for people to consolidate their pension arrangements and is avaialble to both direct customers and customers introduced by intermediaries.

As well as waiving fees, Alliance Trust Savings will continue to offer its unique commission rebate structure which returns 100% of all commission received from fund management groups directly back to a customer's SIPP account; in many instances rebating up to 50% of the fund's AMC. No other platform in the UK currently offers this facility to customers.

Steve Latto, Head of Pensions at Alliance Trust Savings commented: "Our Select SIPP is already one of the best value pensions in the UK and our latest offer makes it even better value for both new and existing customers.  Our price enhancements coupled with our 100% fund commission rebates make the Alliance Trust Savings Select SIPP a competitive and compelling proposition. It is also an ideal opportunity for people looking to consolidate their pension arrangements."

For more information, visit alliancetrustsavings.co.uk.