Platform success prompts AXA Wealth restructure

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AXA Wealth is realigning its sales team to reflect the growing importance advisers are attaching to platforms and investment.

The new structure will see the establishment of two separate sales channels; a platform and investment team as well as an IFA distribution sales team. The IFA distribution team will focus on promoting AXA's enhanced single pension, Family Suntrust and the Elevate Pension Investment Account, in addition to offshore bonds. AXA says the restructuring was prompted by adviser feedback and also reflects the success of AXA Wealth's platform, Elevate, which has £320m funds under management. The company says the realignment is also part of a strategy which places investment company Architas...

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