Chris Smeaton: From James Hay to Nucleus… all roads lead to FNZ

Lessons from Bridgerton

clock • 5 min read

It's marriage season here in platform land, writes Chris Smeaton. But is the James Hay/Nucleus deal an act of true love or financial convenience?

Like millions of others, my wife and I have recently started watching the latest Netflix hit, Bridgerton. For the uninitiated, it follows the love-sick trials of young debutantes, as they navigate the pomp and power struggles of the Regency-era ‘season' with all its rumour and gossip. A guilty pleasure, if ever there was one. I obviously need to get out more, though, as I couldn't help but notice the parallels this week to our own marriage season here in platform land. After some extended courting and a few potential suitors, this week we saw the conclusion of the biggest as yet un...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Vanguard UK Platform Awards – Advisers, have your say

Vanguard UK Platform Awards – Advisers, have your say

Voting open across several categories

Clive Waller
clock 22 May 2026 • 1 min read
Aviva platform net flows up 24% in Q1 to £1.6bn in 'buoyant market'

Aviva platform net flows up 24% in Q1 to £1.6bn in 'buoyant market'

Provider’s trading update for Q1

Jenna Brown
clock 14 May 2026 • 2 min read
CIP design and platform selection: Which really comes first?

CIP design and platform selection: Which really comes first?

Firms can take steps for better CIP delivery

Mark Sanderson
clock 07 May 2026 • 4 min read