Adviser platform Novia is to cut its charges from the start of 2023 following a review of its pricing strategy.

Platforms had their worst three months in a decade in the third quarter as market wobbles and a wave of bad news took their toll, according to a new report from platform and investment research company Fundscape.

Transact parent IntegraFin Holdings issued a trading statement today saying that the group was “performing well” with adjusted pre-tax profit for the year ended 30 September expected to be “moderately above” the top end of analysts’ estimates.

Ian Taylor, one of the founders of platform Transact, died on 17 October at home after a short illness and two years after retiring. The company has written an obituary for their much-loved founder which Financial Planning Today is reproducing here by kind permission of the company.