Transact reduces charges from the 1st of June 2013

Transact the UK Wrap provider will be reducing their charging structure from the the 1st of June 2013. We welcome this change as it will benefit many of our private clients who use Transact as their platform for managing their ISA’s, Pensions and Investments.

Transact says: “On a portfolio of a £180,000 the reduction in cost will create nearly a 15% annual saving for the investor” This will have a significant longterm benefit for any portfolio, an excellent example of healthy market competition between providers, creating savings for the private client.