Axa rewards staff with six million shares

Mike Kellard, chief executive officer, AXA Wealth, said: 'The AXA Wealth business was structured with the RDR in mind, with both our wrap business through Elevate, and specialist individual products business, built on a tailored model to support different customer groups.

‘This approach is to ensure we offer strong service to our advisers with genuine focus, rather than a ‘one size fits all’ approach allowing advisers to choose which clients are suited to a wrap account and which just need a particular tax wrapper in order to accommodate this flexibility.’