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Transact Blog

Welcome to the Transact Blog. The below content has been written by Transact staff.
The Budget has been a game-changer for financial planning
The Government’s recent tax reforms to address the public finances have created a more complex environment, requiring advisers and their clients to re-evaluate their wealth...
Budget Summary 30 October
The first Labour Budget in 14 years, and much time has been spent in speculation based on comments made (and sometimes retracted), column inches filled...
Transact Online Developments – June 2024
Each month, we release new improvements to Transact Online. Take a look at the short video below which provides you with an update on the...
Changes to Pension Planning Strategies following the recent Budget
After many years of restrictions to both input into and benefits taken from pension schemes, the recent Budget included good news on both fronts...
The Importance and Challenge of the New Pension Transfer Out Regulations
The Occupational and Personal Pension Schemes (Conditions for Transfers) 2021 regulations came into force on 30 November 2021, with accompanying guidance issued by The Pension...
Bare Trusts – Low Maintenance and Straightforward (Mostly!)
Bare (or absolute) trusts are typically set up for children and grandchildren with trustees holding the assets on behalf of the child who can then...