Elevate is to remove fund switching charge
Axa Wealth’s Elevate has removed the fund switching charge on its bundled pricing structure, David Thompson, managing director of marketing and distribution has revealed.
Mr Thompson said the platform would remove the 0.25 per cent fund switch charge on its ‘composite’ charging structure for both new and existing customers.
He said: “A key priority for Axa Wealth is to make it as easy as possible for people to do business with us, and removing the switch charge makes investing more straightforward and cost effective on Elevate.
“With award-winning support service to assist advisers into the RDR world and beyond, this makes transacting with our platform an even more viable option.”