Timeline announces integration with Nucleus

Timeline has officially announced its integration with adviser platform, Nucleus. Available from September 2019, the integration will enable advisers on the Nucleus platform to import data such as client details and account holdings into Timeline seamlessly and efficiently.

By using Timeline’s withdrawal strategy software, advisers on the platform will be able to create robust and sustainable retirement plans for their clients. This will help them to:

  • Assess the sustainability of withdrawal from drawdown portfolios
  • Show clients the impact of asset allocation decisions, rebalancing, fees, and taxes on the sustainability of their portfolio
  • Create a Withdrawal Policy Statement in minutes
  • Prepare clients for market declines and agree up-front how to deal with them
  • Bring longevity risk to life - show clients the probability of outliving their portfolio

For Timeline users, the integration will allow them to create retirement plans seamlessly by importing all the information they already have on the platform. That completes 90% of the work involves in creating a plan. It’s then simply a case of deciding the desired withdrawal strategy and reviewing the plan’s success rate.

Abraham Okusanya, CEO at Timelineapp Tech Limited, commented:

“This integration with Nucleus is a sign of Timeline’s commitment to radically improve efficiency for advisers and the outcome for the end client. Decumulation is one of the biggest challenges for advisory firms and Timeline’s next-gen withdrawal strategy software helps tackle this by creating a robust withdrawal plan for each client. This integration means that data can move seamlessly from Nucleus to Timeline and advisers can create robust withdrawal strategies accurately and efficiently.”

John Walls, Head of Proposition at Nucleus, said:

“Integration and getting the relevant systems to talk to each other remains one of the bugbears for financial planning firms. We are pleased to have been able to partner with Timeline on this integration, which creates a more efficient process for advisers, and allows us to better support them in their planning with customers and in helping customers to understand their changing income needs in retirement.”

Comments

comments powered by Disqus

Sign up and get 30 days free

Schedule a Demo

Suggest a date and time