Transact has seen funds under direction (FUD) rise by 8% to £65.9bn helped by market recovery and strong inflows.

Integrafin, parent company of adviser platform Transact, has reported funds under direction on the platform of £65.9bn for the three months to the end of March.

Integrafin, parent company of adviser platform Transact, has reported record funds under direction on the platform of £65.9bn for the three months to the end of December.

Adviser platform Transact has added the ability to open existing clients’ pension wrappers (such as personal pensions and SIPPs) online.

Integrafin, the parent company of adviser platform Transact, has reported record funds under direction on the platform of £64.1bn for the three months to the end of September.

Adviser platform Transact has linked with fintech provider Moneyinfo to offer what it calls a new approach to document delivery.