Axa has finalised its adviser charging structure on the Elevate platform, with five different ways to charge clients, including an ad hoc payment option.
According to Axa, the structure is "designed to be as flexible as possible, to ensure your needs, as well as the needs of your clients, are met." It replaces the pre-RDR charging structure that closes to new business on 30 November. In literature released to advisers, the provider said its one-off charges can be received as a monetary amount or a percentage of the premium. They include an initial adviser charge, as well as the option to spread the charge on a monthly, quarterly, half-yearly or yearly basis. Ad hoc charges can be taken from cash within the product wrapper or the ...
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