UK un-wraps Bravura
Nucleus Financial Group has chosen Asia Pacific’s Bravura Solutions to provide the UK market with the technology for a new wrap.
Nucleus is a recently-launched financial services business designed and supported by seven UK-based independent financial adviser firms (IFAs) and a South African life insurance company, Sanlam.
The new platform will offer straight-through processing, wholesale and whole-of-market investment fund pricing, portfolio management tools and advanced financial planning principles.
It will be delivered in partnership with another of Bravura’s UK clients, Scottish Friendly, which will provide the business process outsourcing services.
The IFAs will have complete discretion over asset selection and allocation.
Nucleus chief executive David Ferguson said Bravura was selected over several other suppliers in the market because of its ability to provide a low cost, innovative and efficient solution and its capacity to support a wide range of life, pension and investment products.
Recommended for you
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.
Australia has marked a decade among the best countries for retirement, according to Natixis, but with high inflation threatening their retirement goals, a third say they would get professional advice to improve their chances.
When it comes to the risks of acting as a responsible manager at an AFSL, compliance firm Holley Nethercote has shared a range of red flags that could see them facing disciplinary action from the corporate regulator.
Wealth management platform provider Netwealth has announced a partnership with FinClear to streamline trading capabilities for advisers.
