AXA will develop a wrap platform as part of a major restructuring of the business following its acquisition of Winterthur.
The French life insurer unveiled the wrap plans as it announced the establishment of several ‘market-focused’ business units, including separate divisions for wealth management, corporate business, advisory...
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
Follows string of appointments
Follows acquisition of BlackRock's DC platform
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£116.8m of benefits received by customers