Integrafin Holdings Ltd. reported a strong start to its 2026 financial year on Tuesday, with net inflows to its Transact platform rising despite heightened uncertainty around the UK Autumn Budget.
For the three months ended 31 December, net inflows reached £1bn, up 11% year-on-year from £0.9bn, equivalent to 5.6% of opening funds under direction on an annualised basis.
Funds under direction on the Transact platform reached a record £77.2bn at the quarter end, up 17% from £65.9bn a year earlier, while average daily funds under direction increased 16% year-on-year to a record £76.1bn.
Gross inflows during the quarter climbed 21% to £2.9bn, marking the eighth consecutive quarter in which gross inflows exceeded £2bn.
IntegraFin said flows were elevated in the period leading up to the 2025 UK Autumn Budget, driven by increased pension wrapper activity as clients reacted to extensive pre-Budget speculation.
Both inflows and outflows rose during this period, before returning to more normalised levels following the Budget.
Looking ahead, the FTSE 250 group said the Transact platform remained well positioned to continue capturing a strong share of adviser platform net inflows in the 2026 financial year and beyond.
It reiterated its cost guidance issued in December, with underlying administrative expense growth expected to slow to around 3% in each of the 2026 and 2027 financial years as a result of cost management initiatives and operational leverage.
The group said the combination of revenue growth and tighter cost control supported an acceleration in profit growth over the coming years.
"The group continues to build on the strong flows momentum from 2025 and has started the new financial year by delivering impressive net inflows of £1bn despite the uncertainty caused by the 2025 UK Autumn Budget," said group chief executive Alex Scott.
"We remain focused on the three core levers that will drive our earnings growth: enhancing our market-leading proposition; growing the platform's FUD and revenue while focusing on managing platform revenue margin; and finally, implementing our cost and efficiency programme."
At 1026 GMT, shares in IntegraFin Holdings were down 0.71% at 348.5p.
Reporting by Josh White for Sharecast.com.