Axa Wealth is set to introduce an automatic re-registration system on the Elevate platform later this month.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The company stated that Elevate has been working with FNZ and Calastone to trial and deliver the system for advisors.
Andrew Smith, COO of AXA Elevate, said: "It is important that advisors, and their clients, are able to move assets easily to create a competitive market. Without this consumers are unfairly tied to their existing service.
"To begin the roll out of the system on the Elevate platform is a key development in our commitment to advisors. The system will continue to be developed and enhanced during the rest of the year," added Smith.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
