Nucleus to boost cash returns in response to 'high inflation'

The revamped cash panel in partnership with Bondsmith goes live today

Sahar Nazir
clock • 2 min read

Nucleus has launched a new service in response to ongoing “inflationary pressures” which it said is aimed at maximising returns on cash investments.

The service on its James Hay platform, which is through an enhanced cash panel in partnership with Bondsmith. It launches today (26 July) and has come in response to surging inflation and a rising Bank of England base rate. Nucleus, which was acquired by James Hay in September 2021, said the service is aimed at providing customers with higher returns on their transactional cash while giving them the option to lock their funds away for more extended periods - particularly against an uncertain market. Proposition director Chris Williams said: "The partnership with Bondsmith aims to take...

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