Third Financial launches white-labelled SIPP

Third Financial, part of the Nucleus group, has launched a white-labelled self-invested personal pension (SIPP) on the Titan Wealth Platform.

The new ‘pensions as a service’ (PaaS) proposition is designed to enable wealth management clients to outsource pension infrastructure components, including administration, processing, and regulatory permissions.

The new SIPP is powered by Dunstan Thomas’s operational software and administration, uses Third Financial for custody, and is underpinned by the retirement capabilities and scale of the Nucleus group.

Wealth management clients keep control over how their proposition is constructed and presented.

While initially launching with Titan Wealth, which Third Financial already provides the platform for, the SIPP 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,” said Third Financial managing director, Chris Williams.

“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.”

Titan Wealth Planning chief distribution officer, Todd Rowlands, added: “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.”

---