Nucleus to expand protection product range

Scott Sinclair
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Nucleus is set to expand the range of protection products available on the wrap to include inheritance tax and death-in-drawdown policies, among others.

The company plans to extend its deal with Integrated Protection Solutions (IPS), with whom it teamed up in December last year to pilot a term assurance product, Wealth Protect, with 11 of its adviser users. IPS chief executive Steven Mendel and Nucleus business development director Barry Neilson said income protection, critical illness and school fees planning products could also be made available to the wrap's advisers in the future. Nucleus, which will soon extend the Wealth Protect pilot to a further 70 firms prior to a full roll-out, said it hoped the tie-up would help "bring prot...

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