Transact Wrap Reviews 

Excruciatingly slow development of website plus unwillingness to integrate with consumer-facing financial modelling/analysis tools mean that customer experience is extremely restricted.

Financial solutions (pensions, ISAs etc) are good at the core, but they feel as though they haven't been developed in 15 years, falling further and further behind competitors.

I haven’t had any experience with Transact since I opened my pension other than filing paperwork until this year (‘25) when I withdrew some money, and also closed my other pension, and rolled it into Transact. The team were helpful with everything, and it is easy to contact them by phone. ( Why I closed the other pension.)

Excellent and professional service as always!

Very efficient, reliable, and user- friendly service.

I’m a UK-based Financial Adviser and have used Transact for a number of years. The platform is reliable and powerful, and makes client reporting and administration straightforward. Transfers and corporate actions are handled efficiently, and the transparency around charges and documentation is brilliant.

A special shout-out to our support representative, Tom Gray. Tom is an exceptional contact—responsive, pragmatic, and consistently full of helpful advice. He's always on hand to answer our queries, cuts through the complexity, and regularly goes the extra mile to make sure issues are resolved quickly. Having Tom on hand genuinely elevates the whole Transact experience.

Highly recommended for advisers who value a stable platform backed by first-class human support.

For context, I am an 18-year-old who had inhereted some money that was saved and had very little idea how to deal with it on my own. I have found that customer service is very patient and great at explaining aspects of the website to me in depth. I would also like to mention Kirsty specifically who made me feel comfortable enough to call back when I had further questions.

Transact are an efficient and very straightforward company to deal with. I am very pleased that I am with them.

Fabulous company with great customer service. Highly recommend.

My late Father had an account with Transact, created through his IFA. Whilst the value of the IFA was doubtful, Transact was a very effective platform. Critically for any technology powered business the true value of a company is revealed when things go wrong, rather than when they go right. As his LPA and subsequently executor for my Father, I was so grateful when I could talk to someone knowledgeable and understandable about what needed to be done. A quality business.

I have been a Transact user since 2008 and it never ceases to amaze me how they go above and beyond what you experience with any other provider.
My latest experience was in arranging a Structured Deposit investment for multiple clients and being close to the deadline to invest. Ned White was so helpful at all times, he ensured no client was left behind and had the curtesy to email afterwards to confirm all clients had been invested on time.
Over the years I’ve used other platforms but none of them offer the investment flexibility and service that Transact does. Thank you so much to Ned and everyone else at Transact for foing such an amazing job.

I work for a financial institution, I engage with various providers, yet this particular company is undoubtedly the worst I have had the misfortune of dealing with. They create significant challenges by taking an excessive amount of time to respond to inquiries, and they are unable to provide complete, concise, or clear guidance on what is required, resulting in a back-and-forth process with our client to obtain signatures, among other things. This leads to frustration among our clients and, to be candid, a significant lack of admiration for this company.
Would avoid any dealings with Transact.

I can’t believe how easy it is to use Transact. You can see how your investments are doing easily and feel like you are more in control of your pension. Paul Johnson has been a massive help to me and also his associate Jules.

I spoke with Grace today on an online chat. She was very helpful and answered my query very efficiently.

Zak was superb. He was a great help and very knowledgable.

Superbly efficient, answered my questions without 'jargon'... on the virtual chat, I would definitely recommend Transact.

Always helpful and clear about what I needed help with

Last year I retired and wanted to use my two pension pots, held with Transact and Aviva, to purchase an annuity. I used a qualified IFA to manage the process.
Aviva transferred my funds to the annuity provider upon request within 5 working days. Transact were a nightmare to deal with and it took 81 days from the initial application for the transfer of funds to my annuity being set up. Some of the delays were not directly caused by Transact, but the process was so complex and poorly managed that it led to confusion with myself, my IFA and the annuity provider. Once my annuity was eventually set up, I complained formally to Transact. Whilst they responded in good time and were courteous, they rejected all but one of my detailed issues and offered less than 15% of the lost annuity income I claimed. There was no acknowledgement of the huge disparity between their service and Aviva's, or of any failings in their confusing processes or customer service.

I had difficulty obtaining the correct email address and the information I requested is being withheld until I provide a hard copy of the death certificate whichis ia a matter of Public Record at Islington Council, and that has been accepted by Barclays Bank, The Halifax Bank. HMRC, and Dept of Works & Pensions causing an unnecessary delay in my applying for Probate of the Estate

I spoke with Kirsty yesterday 05/06/25 about adding some funds to an existing stock held in my ISA.
Kirsty was fantastic and extremely helpful and had a great sense of humour. She resolved my problem very quickly with excellent advice. Very professional.
I have been with Transact for many years and have an ISA and Personal Pension. They have always been very helpful whenever I have had a query and their platform is very easy to use. A winning experience always. Great staff make all the difference !

I like the transact dashboard and the ability to instantly see the complete history of all my investments as summary graphs which plot all deposits and values against time. The ability to see the trends over a longer period is more useful when making judgements than a series of snapshots.

I am sad to be moving but I am consolidating my investments using another service that my Financial Advisers prefer.