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Ian Taylor Transact 440

Transact reports record inflows as assets near £30bn

Platform Transact has reported record first half inflows in its first trading statement since floating. The platform’s parent company IntegraFin listed on the London Stock Exchange in March with a £650m valuation. In an H1 update today, the company says funds under direction at the end of the six-month period to 31 March were £29.8bn, […]

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Small pots most likely to cash out, research finds

The size of an individual’s pension pot is a key factor in determining how they exercise their pension freedoms at retirement, according to research from the Pensions Policy Institute. In a paper published yesterday the PPI looks at how the introduction of freedom and choice in pensions has opened up new ways for individuals to […]

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SJP chair retires from role

St James’s Place chair Sarah Bates will retire from the wealth manager after 14 years with the firm. Bates will be replaced by current senior director Iain Cornish in her capacity as chair, while SJP also looks to appoint a new non-executive director to the board. Bates became chair in 2014 and oversaw the transition […]

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