Growth at leading planner platform Transact has been hampered recently by a struggle to increase staff as quickly as planned due to recruitment issues.

Funds under direction (FUD) for adviser platform Transact rose 7.2% over the quarter ending 30 June.

Staff at adviser platform Transact will start to return to the office from August as the platform pilots a hybrid working model.

The platform sector has recovered strongly this year with inflows reaching the highest levels since the DB transfer and Pension Freedoms booms of 2018, according to the platform consultancy lang cat.