AXA Elevate and Hornbuckle Mitchell partnership offers advisers fast and efficient service

AXA Wealth recently announced that total platform assets under administration at the end of Q1 had risen to £2.5bn. The platform, which has been recognised for its superior level of features and benefits for the second consecutive year[1], has partnered with Hornbuckle Mitchell to further strengthen the platform’s offering by giving advisers access to sophisticated SIPP functionality with the convenience of managing clients’ assets and information in one place.

The partnership will allow advisers to benefit from:

• broad asset choice via a single platform and provider 
• fast online transactions 
• consolidated views to aid investment and reporting 
• simple re-registration of funds on the platform 
• a consistent client experience.

David Thompson, managing director, AXA Wealth UK Distributors, said: “AXA Wealth continues to seek out partnerships like the one with Hornbuckle Mitchell to strengthen its platform offering in the approach to the Retail Distribution Review. Being able to provide the benefits of Elevate’s electronic trading capabilities whilst retaining the full SIPP benefits of the pension creates a win-win scenario for advisers and their clients.”

David White, managing director, Hornbuckle Mitchell, said: “The market is moving towards the flexibility and choice embodied by SIPPs, but also the functionality and accessibility of electronic reforms. The partnership with AXA Elevate brings the two together, giving the benefits of our range of powerful SIPP solutions with the ability for advisers to see and manage all their client’s assets in one place.”

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Enquiries

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Nicola Wraight, press office: +44 (0)1256 852041

Editor’s note

AXA Wealth

AXA Wealth, Winterthur Way, Basingstoke, Hampshire, RG21 6SZ. Telephone number: 01256 470707. As part of our commitment to quality service, telephone calls may be recorded.

Architas Multi-Manager Limited (No. 06458717), AXA Portfolio Services Limited (No. 1128611), AXA Wealth Services Limited (No. 02238458), Winterthur Life UK Limited (No. 3116645) and AXA Wealth Limited (No. 01225468) are all companies registered in England and limited by shares. Their registered office is 5 Old Broad Street, London, EC2N 1AD. Each company promotes and distributes its own products and is authorised and regulated by the Financial Services Authority. AXA Wealth Services Limited also promotes and distributes the products of AXA Isle of Man Limited and AXA Life Europe Limited in the United Kingdom.

AXA Wealth is a marketing brand used by these companies. Details of the companies offering specific products are contained within product literature.

About AXA

AXA Group is a worldwide leader in Financial Protection. AXA's operations are diverse geographically, with major operations in Europe, North America and the Asia/Pacific area. For full year 2010, IFRS revenues amounted to Euro 91.0 billion and IFRS underlying earnings to Euro 3.9 billion. AXA had Euro 1,104 billion in assets under management as of December 31, 2010.

The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISIN FR0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA’s American Depositary Share is also quoted on the OTC QX platform under the ticker symbol AXAHY.