Local impacts of AXA's decision to buy Winterthur from Credit Suisse are yet to be publicly announced, according to a Winterthur Life UK spokesperson.
Increased regulation is a key reason why IFAs choose multimanager products, according to a survey by Credit Suisse Asset Management.
Winterthur Life UK has followed up an announcement by parent Credit Suisse Group by stating it is sticking to a strategic plan to focus on particular markets of clients and increase its sales force by a third.