Nucleus is cutting charges for clients with larger portfolios from 1 November.
Charges are being reduced for all portfolios between £500,000 and £5m, with the biggest reduction - 50% - on amounts between £1m and £2m. Tier Client charge (current) Charge from 1 November £0-£0.5m 35bps 35bps £0.5m-£1m 35bps 25bps £1m-£1.5m 30bps 15bps £1.5m-£2m 30bps 15bps £2m-£3m 25bps 15bps £3m-£5m 20bps 15bps £5m+ 15bps 15bps Nucleus business development director Barry Neilson said: "This is a decision we are taking as a result of feedback from our advisers. "Our advisers wanted us to keep our pricing model simple but bec...
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