Witan Investment Services Savings Schemes

RNS Number : 0712N

Witan Investment Trust PLC

15 January 2019

 

Witan Investment Trust plc

Witan Investment Services Savings Schemes

15 January 2019

The Boards of Witan Investment Trust plc (Witan) and Witan Investment Services Limited (WIS) have reviewed the current service level available in the Witan Wisdom and Jump Savings Schemes. In light of the increasing variety, capability and cost effectiveness of investment platforms in the wider savings market they have concluded that the interests of Account Holders would best be served by a transfer (free of exit charges) to a specialist investment platform. They have chosen Hargreaves Lansdown, a FTSE 100 Company, as the recommended option, although Account Holders will also have the option to transfer to a different provider of their choice.

The Company has written to Account Holders personally with details of the proposals and a copy of the text is available on the Company's website www.witan.com. The Company is confident that the proposed transfer will result in improved flexibility and choice for Account Holders, at a competitive cost and will be making every effort to ensure that the process will go as smoothly as possible.

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For further information please contact:

Andrew Bell

Chief Executive

Witan Investment Trust plc

Telephone:  [phone]

Alexis Barling

Director of Marketing

Witan Investment Trust plc

Telephone:  [phone]

 

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