Displaying items by tag: Transact
Transact hit with shock £4.3m VAT bill
The parent company of Transact, the SIPP and platform provider, has been hit with an unexpected £4.3m VAT bill which could also see the company having to pay an additional £1.4m a year in VAT.
Transact adds new features as price cuts near
Platform and SIPP firm Transact has added a number of new or enhanced features as it prepares for a new round of price cuts.
Recently floated AJ Bell and Transact report strong trading
Platform and SIPP operators AJ Bell and Transact have reported strong trading in the most recent quarter. Both recently floated on the stock exchange.
Transact to cut annual and buy charges from April
Platform Transact is to trim annual and buy commission charges in the spring as platform competition intensifies.
Transact splits CEO role in two as Taylor steps down
Transact chief executive Ian Taylor is to step down as CEO in March after 20 years with the group and will be replaced by two new CEOs.
Transact enables Timeline pension app integration
Transact has added an integration facility to allow users of the third party Timeline pension app to import Transact client portfolio data to help with pension drawdown planning.
AJ Bell set to be worth up to £675m on stock market
SIPP and platform operator AJ Bell is likely to be valued at between £626m and £675m when it floats on the stock market in December, the company predicts.