Nucleus-owned platform Third Financial has launched a white-labelled SIPP powered by Dunstan Thomas’s operational software and administration.
The Pensions as a Service (PaaS) proposition, draws together the combined product, operations and tech of the group.
It uses Third Financial for custody, and is underpinned by the specialist retirement capability, financial strength and operational scale of Nucleus.
The firm said it’s white-labelled so takes on the brand of wealth management clients, allowing them to outsource pension infrastructure components such as administration, processing, and regulatory permissions.
Clients retain control over how their proposition is constructed and presented, ensuring their commercial requirements are met while delivering a consistent experience for their customers.
Chris Williams, managing director, Third Financial said: “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.”
The first to sign up for the new SIPP is Titan Wealth, which already uses Third Financial for its platform.
Todd Rowlands, chief distribution officer, Titan Wealth Planning said: “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.”