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Axa offers advisers 25 funds in wealth launch

Axa has launched its wealth management proposition to IFAs, giving them access to a further 25 funds alongside a lower pricing of its prem- ium select bond.

Axa Life is offering a selection of funds from its world fund range, funds managed by Axa Rosenberg and its existing range of funds.

Axa versions of Morley and New Star’s property funds are also offered as well as eight new Framlington products, including the biotech fund managed by Gareth Powell.

The funds will initially be available through the prem-ium select bond and offshore evolution bond.

Minimum premium for the premium select bond has been reduced from 40,000 to 25,000.

Axa is also offering a new portfolio planner tool in an effort to reduce the time IFAs spend on admin.

Head of funds development Mike Mumford says: “Our plans will enable us to offer a complete range of services and investment solutions to all types of intermediaries.”

KS Barrett & Associates proprietor Kim Barrett says: “Major product providers such as Axa are catching up with the likes of companies such as Cofunds and offering competitive wrap services but it is worth looking at the charges as they tend to be higher from the major providers.”

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