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Axa Elevate extends wealth management service

AXA Elevate has added Premier Asset Management and Richmond House Group to its panel of discretionary management services for IFAs.

Axa Elevate says by expanding the range of discretionary managers on the platform, the proposition offers advisers traditional client-bespoke asset management in addition to a more simplistic model portfolio approach.

Axa Wealth UK Distributors managing director David Thompson says: “The flexible functionality of Elevate, and partnerships such as the ones with Premier Asset Management and Richmond House Group, will support advisers as they look towards adapting their business models ready for a post-RDR world.”

Premier Asset Management sales and marketing managing director Simon Weldon says: “Premier is pleased to be able to deliver its innovative DFM solutions to advisers on the Elevate platform, as they look to make such key RDR business decisions.”

Axa last week announced the departure of Elevate managing director Martin Jennings and Axa Wealth head of customer experience Ian Thomas along with 20 other staff who had roles made redundant in a company restructure.



ECB president warns Eurozone rates could rise by April

The president of the European Central Bank has said that interest rates could rise in the Eurozone as early as next month. Jean-Claude Trichet said the ECB was taking a position of caution against rising inflation, but said the rate setting committee may have to act due to recent “price shocks” because of the sharp […]


Euro ruling to bring massive shake-up

The UK insurance market is preparing for radical reform after the European Court of Justice ruled gender pricing for insurance products will be banned from December 21, 2012. The ruling follows an opinion from advocate general Juliane Kokott last year that using gender as a risk factor when pricing insurance is discriminatory. Pension provider AJ […]

House prices up 0.2% in January

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Nigel Waterson compares RPI-CPI move to Brown’s raid on pensions

Former Conservative Shadow pensions minister Nigel Waterson has compared the Government’s decision to switch pension indexation from RPI to CPI with Gordon Brown’s infamous raid on pension funds in 1997. In an interview in this week’s Money Marketing, Waterson reveals the decision was never discussed during his time in opposition, indicating the move has been […]


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