Transact Online (TOL) – Recent Enhancements

This month we have made more progress on the following:

Junior Portfolio Applications (via Guided Applications)

• This Guided Applications paperless process allows a Registered Contact to open a Transact JISA or pension wrapper on behalf of a junior with no wet signature required. For a lump sum deposit with associated buys, it will require just the one signature from the Registered Contact.

 

Unlink a DIM (online)

As an adviser you can now remove the template and  DIM from a wrapper. Using the same new feature you can also appoint an alternative DIM (if required).

Go to: Templates > Link Templates & Appoint DIMs page. Choose the wrappers, click Next, then unlink.

 

Reduce Payment Rates (online)

This paperless online tool gives you the control to administer the fees on the portfolios you manage. You can reduce your % based fees your clients pay you. You can reduce them at wrapper or portfolio level. Purchased-based fees (Initial or Switch), Portfolio Establishment Fees and Annual Payments can all be reduced here.

DIMs can reduce their annual fees too via their online access. Clients will not be notified by Transact as it is not an increase in the fees they pay to you or the DIM. Go to: Housekeeping > Reduce Payment Rates.

If you need any help on any aspect of our service, please use Live Chat for a quick response, co-browse to screen share so that we can direct you, or call our highly trained, dedicated Sales & Online Support team who support these functions via (020) 7608 5387.

1. Introduction
2. TOL Recent Enhancements 
3. Non-advised Clients Need Advice
4. Removal of Adviser Purchase Related (Initial and Switch) Fees
5. New Sustainability Disclosure Requirements
6. Insights From Australia
7. Transact – BlackRock MPS
8. The Increasing Popularity Of The Investment Bond
9. Transitional Tax-Free Amount Certificates
10. Interest on Cash
11. Transact Events 2024