More than half of advisers believe pensions invested in lifestyle funds are riskier than they were twelve months ago, as a result of speculation about a bubble in the bond market.
Axa Wealth's Elevate platform has seen assets under (AUM)management increase 50% from £4bn to £6bn, according to first quarter results.
Mike Kellard, chief executive officer at AXA Wealth, explains why the Financial Conduct Authority's (FCA) much awaited platform paper was a bit like his son's football match.
Mark Links will become the head of Elevate operations for Axa Wealth from 17 April.
Axa Wealth has added the eleven-strong fund range from Carmignac Gestion to its Elevate platform.
Axa Elevate has questioned the decision by a number of major platforms to eschew clean share classes, despite increasing Financial Services Authority (FSA) action against rebates.
AXA Wealth had added more than 1,000 additional clean share classes to its Elevate platform, taking the total available to 1,600.