AXA Wealth adds 1,000 clean share classes to platform

The platform previously said it was adding clean share classes based on adviser demand compared to bundled funds. But David Thompson, managing director of Elevate, said clean share classes "are the most transparent way of doing things". "We are determined to operate a transparent charging model which makes very clear to the customer what we are charging. "Clean share classes will be available as an alternative, not replacement, to bundled share classes, give advisers an opportunity to transition before the implementation of the FSA's platform paper in mid-2014, that is expected to ...