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Skandia adds Elevate to Platformwatch tool

Skandia has added the Axa Elevate platform to its Platformwatch tool.

The addition means that the tool now compares platform costs on Skandia, Transact, Cofunds, Fundsnetwork, Nucleus and Standard Life Wrap.

Skandia has added both Axa’s bundled and recently announced unbundled charging data.

In January, Axa announced that it is removing the 1.5 per cent initial charge on the bundled pricing model of Elevate. Cofunds also revealed that it was to roll out an unbundled pricing option on its platform.

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