Life - Articles - AXA Wealth announce structure for enhanced IFA service

 The AXA Wealth International distribution function is being aligned to the wider AXA Wealth structure to streamline the service and support offered to IFAs.

 Earlier this year, AXA Wealth announced it was bringing its on and off platform distribution together, in order to simplify the distribution strategy, and provide IFAs with a more cohesive and comprehensive advisory support and sales service. This decision followed feedback from advisers that they would like fewer contact points with the business.

 As part of this strategy, the AXA Wealth International sales team led by Richard Leeson has now also been aligned with the main AXA Wealth Distribution team, under Managing Director, David Thompson.

 At the same time it has been agreed to combine the roles of chief executive officer and chief operating officer roles on the Isle of Man into one new managing director role. Mike Foy has been appointed to this role. As a result, Kevin Dean has stepped aside from his role as CEO, AXA Wealth International.

 Commenting on the changes, David Thompson, Managing Director, AXA Wealth UK Distributors, said: "Combining the main distribution businesses under a single structure completes the next stage of AXA Wealth's programme to enhance our IFA service and support model. Our approach is to work in partnership with IFAs, and our objective reflects our aim to be as easy as possible for IFAs to work with."