Adviser platform Transact has introduced a sub-wrapper feature which allows advisers to transfer client assets themselves.
Transact said that while advisers have always been able to split wrappers - which are a method of structuring investment portfolios in the most tax-efficient way - they will now be able to do that themselves...
D2C growth particularly strong
10 year working relationship
No plans to take advantage of government schemes
Almost three-quarters generated positive returns
Integration of Charles Derby and Lighthouse
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Entered administration in April 2020
Cuts fees across multi-manager range