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Nucleus draws in others' outflows.
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wraps
About 90 per cent of inflows into Nucleus so far have involved some sort of transfer from other provider's pensions and savings plans.
Speaking a month after the wrap went live, David Fergusson, chief executive of Nucleus, said the bulk of cash going into the platform was being transferred from other providers.
He said some providers were slower than others to allow their investors to remove their cash, and Nucleus may create a league table to highlight poor performing insurers.
Mr Fergusson said he was not surprised that the vast amount of cash coming in ...
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