Rivals' re-platforming woes boost Transact's Q3 net sales - Fundscape

‘Latent strength of advice market’

Bella Caridade-Ferreira: "As the March 2019 Brexit deadline thunders down the track towards us, investors will become increasingly risk‐averse."
Bella Caridade-Ferreira: "As the March 2019 Brexit deadline thunders down the track towards us, investors will become increasingly risk‐averse."
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Platforms saw their net sales pegged back in the third quarter of 2018, according to Fundscape data, though Transact was boosted by some rivals' re-platforming woes to take top spot in the retail advised channel.

According to the research provider's latest Platform Report, a combination of Brexit-related concerns, the holiday season and a continued slowdown in the defined benefit (DB) transfer pipeline left both...

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