Transact FUD rises 7.2% as IFAs place £1.99bn

Funds under direction (FUD) for adviser platform Transact rose 7.2% over the quarter ending 30 June.

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Transact staff to return to the office

Staff at adviser platform Transact will start to return to the office from August as the platform pilots a hybrid working model.

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Q1 platform inflows strongest since 2018

The platform sector has recovered strongly this year with inflows reaching the highest levels since the DB transfer and Pension Freedoms booms of 2018, according to the platform consultancy lang cat.

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Transact appoints new development head

Tom Dunbar has been appointed chief development officer at adviser platform Transact’s parent company Integrated Financial Arrangements (Integrafin).

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