Third Financial, the technology-led platform specialist within Nucleus has launched a new ‘Pensions as a Service’ (PaaS) proposition, drawing together the combined product, operations and tech strength of the wider group.
The new SIPP is powered by Dunstan Thomas’s operational software and administration, uses Third Financial for custody, and is underpinned by the specialist retirement capability, financial strength and operational scale of the Nucleus group.
It’s white-labelled so takes on the brand of Third Financial’s wealth management clients, enabling them to outsource pension infrastructure components such as administration, processing, and regulatory permissions in an integrated and streamlined way.
They retain control over how their proposition is constructed and presented, ensuring their commercial requirements are met while delivering a consistent experience for their customers.
The new SIPP launches first with Titan Wealth. Third Financial already provides the Titan Wealth Platform, with the partnership extension reflecting the strength and continued evolution of the relationship between the two firms. It will also be rolled out to other clients.
“Launching our white labelled SIPP helps us to better support clients in building and scaling their own propositions, so they can focus on offering a consistently high-quality experience for their own customers.
By harnessing the strength of our group to create this compelling PaaS proposition for wealth management firms, we can offer a more joined-up and scalable, end-to-end pensions service.”
Chris Williams, Managing Director, Third Financial
“Our relationship with Third Financial and the broader Nucleus group has continued to evolve, and the launch of the Titan Wealth Partner SIPP is a natural next step for us.
Being able to offer a SIPP under our own brand, supported by Nucleus’ scale and Third Financial’s infrastructure, is a compelling combination. It allows us to deliver a more consistent experience to clients while working with a partner with the depth and capability to support our long-term ambitions.”
Todd Rowlands, Chief Distribution Officer, Titan Wealth Planning
