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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.

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Updated: 2 firms pull out of Nucleus race

Private equity firm Aquiline Capital Partners and fintech Allfunds have pulled out of the bidding race for adviser platform Nucleus.

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4 bidders in race for Nucleus platform

The owners of major UK adviser platforms Transact and James Hay have tabled cash offers for competitor Nucleus.

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Transact Funds Under Direction grow 8.7%

Funds under direction at wrap platform Transact grew 3.5% over the quarter ending 30 September 2020, an 8.7% increase for the financial year despite a “difficult and unpredictable” operating environment.

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