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AXA Elevate reduces rebate for Architas users

by Jun Merrett on Nov 20, 2012 at 13:52

AXA Elevate reduces rebate for Architas users

AXA Elevate has lowered the rebate it gives back to clients who use its Architas fund range to 75% of the annual platform charge attached to the multi-manager funds.

Previously investors in the Architas range via the Elevate platform received 100% of the charge, between 0.65% and 0.14%, back into their cash account.

This will reduce to 75% from 2013 onwards.

AXA Elevate first offered to waive the platform fee for clients invested in the Architas funds, overseen by Caspar Rock (pictured), in October 2011.

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1 comment so far. Why not have your say?

David Curley Dip extrodinaire

Nov 20, 2012 at 16:07

Shame that you have not included the fact that this is part of a reduction in platform costs and a re-balance of the thresholds which will be announced shortly

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