Witan Investment Trust PLC Witan Investment Services Savings Schemes (0712N)
15 January 2019 - 8:00PM
UK Regulatory
TIDMWTAN
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.
- ENDS -
For further information please contact:
Andrew Bell
Chief Executive
Witan Investment Trust plc
Telephone: 020 7227 9770
Alexis Barling
Director of Marketing
Witan Investment Trust plc
Telephone: 020 7227 9770
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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