Elevate managing director Martin Jennings has stepped down after Axa Wealth announced a restructure which will see its main distribution business aligned to the Elevate platform.
The restructuring, undertaken to further embed its platform into the adviser marketplace, will see all Elevate front and back office activity transferred to Basingstoke over the next few months, enabling a single point of contact for IFAs regardless of platform or product. "This decision reflects the growing influence of platforms in the adviser marketplace and an opportunity to accelerate AXA Wealth's strategic plans after the sale of AXA legacy life business to Resolution," it says. The move will see Elevate Bancassurance front and back office activity located in Aztec West, Bristol...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes