AXA Elevate plans to boost tax wrapper choice

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AXA Distribution Services is in talks to provide access to third party product wrappers through its Elevate wrap platform.

The platform aims to offer a wider choice of tax wrappers in the next phase of its development, scheduled for roll-out in the Autumn. These will include specialist pensions such as SIPPs and a range of offshore portfolio bonds in EU and non-EU jurisdictions. The additions should help advisers consolidate and manage their clients' existing products and investments through the platform, according to AXA. Advisers will also be able to analyse and manage investments held in both Elevate and non-AXA wrappers through linked account functionality. AXA believes clients could benefit fro...

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