Adviser platform Nucleus has been offering different deals to larger firms for more than a year, despite saying its pricing structure was "clear and transparent”, Professional Adviser has been told.
Since its inception Nucleus has told advisers that, unlike many other platforms in the market, it would not offer different pricing deals to different firms. However, a Professional Adviser source, who preferred not to be named, said they had seen documentation dating from three years' ago that showed pricing deals were happening. Nucleus has denied the deals had been going on for this long. It has been claimed that firms with more than £300m of funds under advice have a chance of securing better pricing deals with Nucleus. In response, Nucleus told Professional Adviser that it had...
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