Nucleus has added gift trusts to its platform due to demand from advisers for an on-platform option.
The platform gives advisers and their clients access to the bare, discretionary onshore and the onshore bond discretionary discounted gift trusts.
Nucleus business development director Barry Neilson says: “The main issues with existing trust propositions is that often technical support can come with conditions and the deeds are adapted from legacy products and may not have considered the impact of adviser charging.
“We wanted to ensure that our users had access to a more modern range of trust deeds that are underpinned by strong technical support that is available to everyone.”
Nucleus is looking to complete the suite next month with the addition of protection, discretionary loan, interest in possession and spousal bypass trusts.