AXA Elevate removes switch charge on bundled pricing structure

The removal was made on the 2 July. The charge for switching funds had been 0.25% but this has been scrapped for both new and existing customers.  The composite charging structure operates like a fund supermarket and combines the cost of platform and investments. The change to the composite charging structure follows the announcement that AXA Wealth is to introduce adviser charging across its entire product range. Axa Wealth managing director of marketing and distribution David Thompson said: "A key priority for AXA Wealth is to make it as easy as possible for people to do busin...