Transact tops IFA platform leaderboard

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Transact, Standard Life and Elevate have been rated the best platforms by IFAs, according to The Platforum.

The platform consultancy's new leaderboard, reflecting the views of over 850 IFAs rating providers against several criteria, has seen a dramatic shake-up at the top of the table, with Transact knocking Nucleus off the top spot it enjoyed in Q4 2010. "A combination of financial strength ratings and user feedback has placed Transact, Standard Life then Elevate at the top of the new Platforum Leaderboard," says managing director Holly Mackay. "It won't be long until this is correlated with AUA and, we suspect that within a year, these three will be next in the pecking order behind the th...

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