Axa Elevate reveals tiered platform prices

Under the four-tiered model, portfolios of £500,000 and above will be charged the lowest rate at 0.28%. This will increase to 0.32% for portfolios between £100,000 and £499,999. Assets between £25,000 and £99,999 will be charged 0.34%, and for £24,999 and below the cost will be 0.40%. The firm said the pricing model is structured so clients are always charged the lowest price they qualify for on their whole investment. For example if a client invests £100,000 they will pay a platform charge of 0.32% for the entire investment. David Thompson, managing director of marketing and distr...