Axa's wealth management servive enters second phase

Axa is set to launch the second phase of its wealth management proposition by making improvements to its portfolio-planning tool and onshore bond product. The onshore bond product will benefit from a new 'easy-access' charging structure to simplify bond pricing. The bond will now have a 2% loyalty bonus for those who have invested in the bond for ten years as well as no surrender penalties. It also offers 95% allocation on investments up to £25,000 and 96% on those over £25,000. The bond carries a 1% annual charge. There will also be an additional 43 funds made available on Axa's main inv...