In its latest software upgrade Nucleus has given advisers the option input their own ad hoc fees on the platform.
The Edinburgh-based platform business said advisers can now set their fees on the platform in a fully digital process with a one-time permission from the client - something they can grant via their Nucleus Go portal. The transaction can be created instantly and a digital notification sent to the client.
Nucleus also said it has introduced a fully-automated process for phased investing, which means advisers can set up and automate asset purchases on a client account on a regulator basis. They can set the amount, frequency and assets to be bought for the transactions to take place on the specified date.
The platform has also introduced a few more new developments, one of which allows advisers to close accounts more efficiently with fees calculated and paid before closure.
It also said it has made improvements to its phased drawdown facility, the ability for advisers to suspend client direct debit and some small changes to accessibility and the user experience.
Nucleus head of proposition John Walls said: "We continue to work hard to deliver the technology and service developments advisers are asking for. Thanks to the input from our platform development group, all our new platform features and improvements have been designed with advisers and clients in mind, and should reduce the need for manual adviser processes while improving efficiency."
Earlier this year Nucleus enabled e-signaures for new business and client instructions on its platform in a bid to assist advisers through the Covid-19 crisis and lockdowns.
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