Transact pulls out of race for Nucleus

Integrafin, parent company of platform Transact, has released a Stock Exchange announcement this afternoon stating that it now has “no intention” of making an offer for rival Nucleus Financial Group.


FCA fines Charles Schwab UK £8.96m

The Financial Conduct Authority has fined investment platform Charles Schwab UK Ltd (CSUK) £8.96m for a series of safeguarding and compliance failures.


Transact to cut charges in April as profits rise

Transact is to cut some of its charges in April with annual commission charges and buy commission charges both reduced.


Private equity firm snaps up £8bn Novia platform

Private equity firm AnaCap Financial Partners has acquired the £8bn Novia adviser platform, its third platform acquisition in 12 months.

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