Axa opens full Architas range to platform market
Axa has made the full Architas investment fund range available through platforms other than Elevate for the first time.
Only a small number of Architas funds have previously been available through other platforms.
The full range of funds is now available through Cofunds, FundsNetwork, Transact, Nucleus, Ascentric, Seven Investment Management, Hargreaves Lansdown and Standard Life.
Architas says it has also had the fund range analysed by risk profiling firms Finametrica and Distribution Technology.
Architas head of business development Cedric Bucher (pictured) says: “Architas’ strategy to make its funds available through a broad range of platforms and Sipp providers means that more advisers will be able to take advantage of what Architas has to offer.”
In October 2011, Axa announced it would waive the Elevate platform charge for the life of the Architas investment, provided it was held until the end of 2012. It is now waiving 75 per cent of the fee if you remain within the funds until the end of 2013.
Thomas and Thomas Financial Services managing director Darren Lloyd Thomas says: “It is a good move to make these funds available to clients on other platforms. It shows the fluidity of the platform market because all funds seem to be available everywhere now.”