Transact
Online investment platform
Transact is a wrap service that provides an online administrative support tool for financial advisers to assist them in managing client portfolios. It uses an online platform to bring assets and investments together in on place, releasing financial advisers from time-consuming paperwork and administration.
Transact provides a consolidated dealing service for financial advisers which enables them to instruct Transact to undertake purchases and sales of investments on behalf of their clients.
Transact does not provide any investment advice. Products offered include General investment accounts, ISAs, JISAs, offshore bonds, onshore bonds, Personal Pension Plan and SIPPs.
Platforms
Transact head of marketing Malcolm Murray has announced his intention to depart the firm after nearly 13 years employment.
01 July 2013
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Platforms
The Financial Conduct Authority (FCA) is to ban cash rebates paid to consumers from platforms from April next year.
26 April 2013
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1 min read
Platforms
Transact has criticised fund managers for failing to allow advisers to move large holdings from bundled to clean share classes.
04 April 2013
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Platforms
The Tax Incentivised Savings Association (Tisa) is to launch a consultation later this month to look into how to convert bundled share classes held on one platform into clean share classes on another platform when a client re-registers.
04 April 2013
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Platforms
Transact has moved to tackle difficulties accounting for the incoming rebate tax with the creation of a new automated system to calculate it.
04 April 2013
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Platforms
Providers will scramble to buy distribution ahead of the Retail Distribution Review (RDR) and will buy up IFA businesses "left, right and centre", delegates at this year's Institute of Financial Planning (IFP) conference heard today.
02 October 2012
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Investment Trusts
A number of misunderstandings have put advisers off the investment trust space, but excluding them from clients' portfolios is a big mistake, says Paul Taylor, managing director at McCarthy Taylor.
13 March 2012
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Financial services
The FSA has fined Integrated Financial Arrangements plc, which offers the Transact platform, £3.5m for failings in relation to its protection of client money over an eight-and-a-half year period.
08 December 2011
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Investment
Iveagh, the Guinness family office and private investment house, is to move its Iveagh Wealth fund to daily dealing with effect from 1 August 2009.
31 July 2009
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