Axa is to offer stakeholder pensions to the 2,500 member firms of the Association of British Travel Agents.
The agreement gives Axa access to around 100,000 travel agent employees to offer its stakeholder scheme. The product will be promoted through Abta publications, mailings and the internet. Axa will also be providing on the spot advice to employers.
Axa director of business development Paul Barlow says: “We see business partnerships like this as a key area for expansion particularly with the advent of stakeholder pensions.”