Transact funds fall by 11% in Q1
- Tuesday, 21 April 2020
- Articles
Adviser platform Transact reported today that quarterly Funds Under Direction fell 11% in the first quarter (to 31 March) from £39.31bn to £34.99bn, a drop of £4.4bn.
Read more...Transact asks for patience as staff shift to home working
- Wednesday, 25 March 2020
- Articles
The City-based adviser platform Transact says all its staff have moved to home working and it has asked users for patience as it deals with a high volume of calls.
Read more...Transact hit with unexpected £4.3m VAT bill
- Wednesday, 29 January 2020
- Articles
The parent company of Transact, the platform used by many Financial Planners, has been hit with an unexpected £4.3m VAT bill from HMRC which could also see the company having to pay an additional £1.4m a year in VAT.
Read more...Transact founder sells £40m of shares to set up charity
- Tuesday, 28 January 2020
- Articles
Michael Howard, the founder of platform Transact, has sold 8.5m shares in holding company IntegraFin to set up a new charitable foundation.
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