• My clients want their money invested as soon as possible

  • Pre-funding from AXA Wealth

    We believe that your clients don't want to wait for funds to be cleared before they're invested, because a few days out of the market can make a big difference. That's why we pre-fund your clients' investments with our money, while we wait for theirs to clear.

  • A day's delay could leave your clients missing out on valuable growth and just a 1% upswing in the market on a £250,000 investment could be worth £2,500 to your client. Although it should be remembered that pre-funding may not always be beneficial to your client.

    In 2015 we pre-funded over £2.4 billion in transactions.

    Watch Andy Zanelli, our Head of retirement planning, explaining the benefits of pre-funding.

  • Without their investments pre-funded, your clients could wait up to:


    sprout

    4 days
    for cheques to clear
    for new investments

    money bag

    6 days
    for switches to settle

    scissors

    65 days
    for pension tax relief


  • Pre-funding is available on:


    sprout

    New investments
    Funds paid for by cheque or direct debit are invested from day one meaning more time in the market.

    money bag

    Fund switches
    Once we have the unit price we buy at the next valuation point, this means your clients are back in the market after only 24-48 hours.

    scissors

    Tax relief on personal pension contributions
    Your clients get the tax relief contribution immediately without a potential 65 days wait to receive and invest the tax relief.


  • What we pre-fund

    Product

    Cheque clearance

    Fund switches

    Pension tax relief

    Elevate Pension Investment Account

    Y

    Y

    Y

    Elevate General Investment Account

    Y

    Y

    N/A - not a pension scheme product

    Elevate Individual Savings Account

    Y

    Y

    N/A - not a pension scheme product

    Retirement Wealth Account

    Y

    N/A - notional switch from one unit to another

    Y


    You may wish to consider the availability of pre-funding as part of your platform due diligence process.



    To find out more about pre-funding on Elevate, speak to your Relationship Manager or call us on 0345 600 2399.
    Lines are open between 8am and 6pm, Monday to Friday.

    To find out more about pre-funding on the Retirement Wealth Account, call us on 0345 129 9993.
    Lines are open between 8.30am and 5.30pm, Monday to Friday.

    We sometimes record telephone calls to help with training, service and security