AXA capital strength reinforces Winterthur launch

Amid the worst global economic turmoil since 1930, David Thompson says the capital muscle of the business, officially launched on October 16, stands it in good stead to survive future turbulence. He says the business has been designed to provide a strong service to financial advisers, adding “we do not want to be seen as just another provider”. The new proposition, designed to counter an industry shift which has seen life firms face intense competition from platforms, adviser networks and fund supermarkets, is also prepared for anything the Retail Distribution Review (RDR) can throw at it...