Nucleus has become the first platform to launch its own annuity portal.
The initiative - currently in pilot stage with ten Nucleus member firms before being rolled out to all users later in the year - allows advisers to quote, underwrite, track and apply for enhanced annuities through a platform. It includes products from Just Retirement, LV= and MGM Advantage. "The way advisers do business and the relationship they have with product providers is being turned on its head," said David Ferguson, chief executive of Nucleus. "While we perpetually aim to improve our core proposition, it is vital that we keep investing in our future and this launch is anothe...
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