Transact purchases financial planning software provider Time4Advice

Transact said the acquisition would enable it to enhance platform and adviser back office processes. Time4Advice will remain a separate legal entity and its co-founders Roland Rawicz-Szczerbo and Mitchell Philpott are set to stay with the company. Rawicz-Szczerbo said: "Time4Advice remains committed to becoming the UK's leading independent technology provider for financial advice professionals. The investment will enable Time4Advice to accelerate the expansion of its proposition." Transact chief executive officer Jonathan Gunby added: "By working closely with Time4Advice we can help a...