Long term care (LTC) products are to be integrated into the portfolio of products handled by...
Long term care (LTC) products are to be integrated into the portfolio of products handled by all AXA Sun Life IFA consultants.
The move means AXA Sun Life will have approximately 200 trained consultants promoting LTC along with other wealth preservation and investment products.
LTC insurance provider PPP lifetime care, part of AXA Sun Life, is behind the decision. The group favoured integrating its LTC products into AXA Sun Life IFA consultants' portfolios rather than through its own smaller sales force.
Gary Tarleton, AXA Sun Life Sales and Client Management Director said: "When PPP lifetime care became part of AXA Sun Life in 1999 our plan was to integrate that expertise into our IFA sales force. We are confident about the future growth of this market. By substantially increasing the numbers of consultants dealing with this line of business we plan to be in a position that allows us to increase sales."
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From 6 April 2019