Investment Business

Click here to enter the Transact System.
As a main introduction to one of our latest live services, these are the general points one should consider as follows:-
Why will my clients buy Transact?
There are many reasons why investors will want to go to an IFA that uses Transact. Here are just some of them:
"I get a holistic view of my financial position"
The "one-stop" portfolio building capacity and subsequent comprehensive reporting service give investors and their advisers an environment in which it is easy to view the whole of a financial plan rather than just individual elements of it.
"I get advice"

Transact is only available through independent financial advisers. We are promoting advice as the only really valuable financial service as we believe that "products" in the old-fashioned sense are nothing more than different tax treatments. Investors may be able to compare products but without advice, how are they to compare the product with their own long-term financial needs?
"I know for sure that advice is impartial"
With a flat rate of commission across all investment wrappers (ISAs, PEP, pension, General Investment Account) there is no "product bias". And the flat rate also encourages the investor to see the fees as a payment for a valuable service (advice) rather than as a cost for something he doesn't need (a branded product wrapper).
"I'm not buried in paper"

If an investor has six unit trust holdings, three PEPs, an ISA and a personal pension he probably gets at least 22 different reports or statements each year to add to the dozen or so he got when he made the investments. None of these bits of paper has anything in common with the others except his name and address. With Transact he gets online consolidated portfolio transaction statements and valuations whenever he wants and useful tax information twice a year (and so do you).
"I always know what I'm worth"
Because any investor can get an up-to-date valuation from www.Transact-Online.co.uk, any time, day or night.
"I get all the benefits and potential cost savings too"
If the investor buys a unit trust today, he pays 5.5% initial charge (and 1.5% per annum). Whenever he sells a holding and buys a different fund, he pays the full 5.5% initial charge every time. With Transact he pays 4.0% initial the first time (and 1.65% per annum) but only 1.0% each time thereafter. On any portfolio, other than one that never changes, this represents a potentially huge saving.

Overall therefore this is a main technology development which has now been active in access of 10 years, in Australia, since which has been introduced here in the UK, due to the major success there, out of which the main benefits are that everything fits extremely well within the Sandler review by the government, out of which the system was developed by a major individual form Norwich Union, who left fro Australia all those 10 years ago.
As therefore this has been such a success there, everything about Transact fits therefore very well within the governments new plans of low cost dealing services, therefore, as a coincidence hence PRM will therefore support both traditional routes of advice along with this excellent new developing area of technology
Click here to enter the Transact System.