Most Elevate advisers select unbundled option - Axa

Since the FSA released its Platforms Discussion Paper last month - in which it set out its preference for unbundled charging - the platform community has been debating the issue of charging, with the wrap and supermarket camps firmly divided on the subject. Now Axa has thrown its weight behind the unbundled option, saying nine in 10 advisers using its Elevate platform opt for its unbundled structure. The platform offers both a bundled "supermarket" solution and unbundled "wrap" option. "On Elevate, 80-90% of assets on the platform are through an unbundled charging structure," Axa Weal...