AJ Bell to take over responsibility for Scottish Investment Trust savings accounts

6,000 investors with £183m in assets

Jayna Rana
clock • 1 min read

The £850m Scottish Investment Trust has selected AJ Bell to take over the running of 6,750 of its ISA and dealing accounts from its savings scheme.

The accounts represent 6,000 investors who together hold about £183m in assets. They will be transferred to the AJ Bell Youinvest platform at no cost by the end of the year. The collaboration comes as the board of the trust said AJ Bell offered "competitive charging structure" and "a more flexible and comprehensive platform for investors in the trust". AJ Bell unveils details of five-strong passive multi-asset range Chief executive Andy Bell said: "We are pleased to have been selected by Scottish Investment Trust and look forward to welcoming these customers to our platform. "Th...

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