The Transact Platform Podcast

The Transact API: Making your business run better through integrations

The Transact API is designed to make integrations with CRM and other systems, simpler, smarter, and more efficient for financial advisers. In this episode of The Transact Podcast, Integrations Manager, Tom Phillips, and Head of System and Service Development, Dave Styles, explore how the new API will transform the way the Transact platform and CRMs work together, now and in the future. By enabling secure, seamless data sharing, the Transact API supports a more joined up experience, reducing the need to switch between systems, helping advisers save time, reduce admin, and focus more on their clients. They discuss what the API means in practice, from accessing platform data such as valuations, contributions and withdrawals to the future of automated workflows, richer data, and two-way integrations. If you’re looking to simplify your workflows and spend less time on admin, this episode offers a clear view of what the Transact API can unlock. To stay up to date with the latest industry developments, don’t forget to subscribe to the Transact Podcast on Spotify and Apple Podcasts and follow us on LinkedIn and X. For more information visit our website at: https://www.transact-online.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ This podcast is provided for advisory professionals only. This podcast is for general information purposes only and does not constitute financial, investment, or legal, regulatory, tax or any other advice. All information is based on our understanding and interpretation of applicable law and regulation, which is subject to change. While we strive to ensure accuracy, we make no guarantees regarding the completeness or reliability of the content. The views of third parties are their own.

How to successfully plan your exit strategy

In this episode of The Transact Podcast, Succession Planning Manager, Daniel Smith is joined by Victoria Hicks, CEO at Melo, to explore what it really takes to plan and deliver a successful business exit from an advisory business. Succession is one of the most important decisions a financial planning firm will make, yet it’s often left too late. In this podcast, Daniel and Victoria unpack: * why succession should be treated as a long-term strategy, not a last-minute transaction * what really drives valuation, and why profitability matters more than recurring income alone * the importance of cultural alignment for staff, clients, and long-term success * how to prepare your business for sale and maximise value ahead of time * why choosing the right buyer goes beyond the headline offer * the role of experienced advisers in protecting value throughout the deal * common pitfalls that can delay, derail, or reduce the value of a sale * why personal readiness is just as important as business readiness Drawing on first-hand experience and real-world scenarios, this episode highlights the key considerations when selling your business, whether you are close to exit or taking a more long-term view. Don’t forget to subscribe to the Transact Podcast on Spotify and Apple Podcasts and follow us on LinkedIn and X. For more information visit our website at: https://www.transact-online.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ This podcast is provided for advisory professionals only. This podcast is for general information purposes only and does not constitute financial, investment, or legal, regulatory, tax or any other advice. All information is based on our understanding and interpretation of applicable law and regulation, which is subject to change. While we strive to ensure accuracy, we make no guarantees regarding the completeness or reliability of the content. The views of third parties are their own.

Pension death benefits: from simplicity to complexity

From April 2027, significant changes to pension death benefits are expected to come into force, bringing pensions into the scope of inheritance tax (IHT) and introducing new administrative requirements. In this episode of the Transact Podcast, Natasha Walker, Lead Technical Consultant, is joined by Head of Technical Services, Mark Fenlon, to unpack what these changes mean based on our understanding of the current legislative framework. Together, they explore: * how the process is moving from simple to much more complex * new responsibilities for administrators, executors and beneficiaries * the key rules and steps involved (including valuations and notices) * the risk of delays, additional tax and increased liability * why keeping details up to date and consolidating pensions matters. They also discuss practical considerations, including how inheritance tax may be paid, the risk of over-taxation, and the impact on bereaved families navigating an already challenging process. While further HMRC guidance is expected, this episode provides a clear, practical overview of what we know so far, and how advisers and clients can start preparing now. If you work with pensions or estate planning, this is essential listening. Subscribe to The Transact Podcast on Spotify and Apple Podcasts and don’t forget to follow us on LinkedIn⁠ and X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ For more information visit our website at: https://www.transact-online.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ This podcast is provided for advisory professionals only. This podcast is for general information purposes only and does not constitute financial, investment, or legal, regulatory, tax or any other advice. All information is based on our understanding and interpretation of applicable law and regulation, which is subject to change. While we strive to ensure accuracy, we make no guarantees regarding the completeness or reliability of the content. The views of third parties are their own.

Are your clients ready for the 2027 pension changes and their inheritance Tax (IHT) impact?

From April 2027, unused defined contribution pension fundswill be included in an individual’s estate for inheritance tax, a shift that could dramatically increase the number of clients facing an unexpected IHT liability. In this episode of the Transact Podcast, Stuart Fleat,Head of Distribution, is joined by Natasha Walker, Lead Technical Consultant, to explore why this change marks a turning point for estate and intergenerational wealth planning. Together, they discuss how different client profiles will beaffected, why pensions can no longer be treated as “set and forget”, and how trusts are becoming an increasingly powerful alternative, offering flexibility, control and the ability to balance lifetime income with IHT efficiency. Key topics include: * why 2027 is such a significant date for pension and estate planning * the growing IHT impact of including pensions in estates * the role of gift and loan trusts, discounted gift trusts and flexible reversionary trusts * practical planning conversations advisers should be having now. A must‑listen for advisers navigating the evolving tax andplanning landscape. Subscribe to The Transact Podcast on Spotify and Apple Podcasts and don’t forget to follow us on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ For more information visit our website at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.transact-online.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ This podcast is provided for advisory professionals only. This podcast is for general information purposes only and does not constitute financial, investment, or legal, regulatory, tax or any other advice. All information is based on our understanding and interpretation of applicable law and regulation, which is subject to change. While we strive to ensure accuracy, we make no guarantees regarding the completeness or reliability of the content. The views of third parties are their own.

Financial planning for families dealing with dependants with Special Educational Needs and Disabilities (SEND)

Financial planning looks very different when you’re planning not just for yourself, but for a dependant with additional needs who may always need support. With over 638,000 Education, Health and Care Plans (EHCPs) in place for individuals in the UK, there is a greater need for advice than you might think. Navigating access, future needs and inheritance combined with the impact on benefits needs well considered and informed advice. In this episode of the Transact Podcast, Chief Development Officer, Andrew Cullen-Jones, is joined by award-winning financial planner and Special Educational Needs and Disabilities (SEND) specialist, Rhiannon Gogh.  Together, they explore: * why traditional estate planning often fails SEND families * the issues around Junior ISAs, Child Trust Funds and access at age 18 * how EHCPs shape long-term planning * the role of trusts in protecting benefits, care funding and independence * how early planning can create life changing outcomes Blending professional expertise and lived experience, this episode offers practical insights for financial advisers who are looking to make a difference. Subscribe to The Transact Podcast on Spotify and Apple Podcasts and don’t forget to follow us on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ For more information visit our website at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.transact-online.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ This podcast is provided for advisory professionals only. This podcast is for general information purposes only and does not constitute financial, investment, or legal, regulatory, tax or any other advice. All information is based on our understanding and interpretation of applicable law and regulation, which is subject to change. While we strive to ensure accuracy, we make no guarantees regarding the completeness or reliability of the content. The views of third parties are their own.