Phoenix is set to rebrand AXA Wealth's business to Phoenix Wealth following the group's acquisition of AXA Wealth's non-platform investment and pensions business in 2016.
Customers and advisers have received written communication to make them aware of the rebrand, including confirmation that there will be no changes to the features, terms and conditions or the ability to top up existing policies, Phoenix said. The change is set to take place on 1 July 2017. Last year Phoenix Group acquired AXA Wealth's pensions and protection businesses for £375m. The acquisition added £12.3bn of assets under management and about 910,000 policies to the group. Phoenix Life CEO Andy Moss said: "We are delighted to confirm the rebrand to Phoenix Wealth and very much l...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes