Nucleus
James Hay buys wrap platform for £145m
Combined business will have around £45bn of assets under administration
Transact parent company drops out of race for Nucleus
There is reportedly one firm left in the running for the wrap platform
Nucleus confirms it is in talks with multiple potential buyers
Majority shareholder Sanlam UK is said to be supportive of the discussions
Nucleus announces £1.5m acquisition
As it seeks greater control over its processes, service offering and product development
More than 25% of advisers now actively review client segments
As 3-in-10 say Mifid II cost and charge statements have brought more confusion
