Alliance Trust postpones supermarket launch

Alliance Trust has put back the launch of its flat-fee fund supermarket to the first quarter of 2008...

Alliance Trust has put back the launch of its flat-fee fund supermarket to the first quarter of 2008. The group, best known for its giant investment trust, hoped to have the service up-and-running this year but said negotiations with fund groups and advisers are still ongoing. Claudia Philips, managing director of investment dealing at Alliance Trust, said the group also wants to carry out more customer consultation before launching the product. “The process of adding a fund supermarket is under way. Full details will be finalised when we have found the best combination of the right i...