Transact co-founder and former chief executive Ian Taylor has died at the age of 58.
Taylor died peacefully on 17 October after a short illness. He is survived by wife Frances and three children Patrick, Elizabeth and Annie.
He co-founded platform business Transact in 1999 with Michael Howard, became chief executive in 2002, and led the company for 19 years and through its IPO in April 2018.
Taylor stepped down as chief executive in 2020, and retired in February 2021.
Jonathan Gunby, Transact chief executive, added: “We are, all, desperately saddened by the news of Ian’s passing. Our condolences and thoughts at this time are with Frances, Patrick, Elizabeth, Annie and their wider family.
“Ian was a true innovator and a giant of the industry, who leaves behind a legacy of a transformed world for financial advisers. He will be greatly missed, not least for his razor sharp sense of humour.”