1st August 2012

Nucleus further enriches technology

Nucleus, the IFA-owned and controlled wrap platform, has enriched its technology in order to provide faster and easier administration for advisers.

As part of the platform’s continuous development cycle, Nucleus has worked closely with its adviser community to develop and implement changes that mean the most to them and their clients.

The new enhancements include:

• An improved, user-controlled illustrations system, which can provide custom growth rates, flexible retirement ages, and a new integrated calculation engine

• An enhanced Capital Gains Tax (CGT) calculator so it is now possible to specify if a disposal of assets is a result of a corporate action and therefore taxable

• Quick and simple processing of clients’ natural income changes

Commenting, John Simpson, director of Smith & Pinching Financial Services and member of the Nucleus platform development group, said: “It’s brilliant to see Nucleus continue to make improvements to the platform, none more so than on the current illustrations system. We expect the FSA at some point to mandate a user-controlled process for illustrations, and I am impressed Nucleus is ahead of the game in providing this.”

Wraps & Platforms