written by Abbey Moffat
Monday, 04 December 2023
Nucleus has made changes to its standard pricing with effect from 1 December 2023.
The main change is to its bottom pricing tier, currently £0 to £500,000. This has now been split into two separate tiers.
Tier 1 becomes £0 to £200,000, with charges staying the same. Tier 2 becomes £200,000 to £500,000, with the charge reducing by three basis points.
The full details of the new charges by wrapper are:
Charging tier |
Pension, General, ISA |
Onshore bond |
Offshore bond |
£0 to £0.2m |
0.33% |
0.43% |
0.48% |
£0.2m to £0.5m |
0.30% |
0.40% |
0.45% |
£0.5m to £1.0m |
0.175% |
0.275% |
0.325% |
£1.0m+ |
0.05% |
0.15% |
0.20% |
All other charges remain the same.
These pricing changes have been updated in Analyser.
Changes like this mark a good opportunity to do a quick refresh of your due diligence, run a pricing comparison, or see how any preferential terms your firm has secured with Nucleus stack up against the new standard pricing.