The move means Axa's existing Generations and Summit products will be modified so the technology base used to run them will be the same as that being used to operate the organisation's North product. In addition, changes will be made to North that will give clients access to a new cash facility and direct shares and give individuals the choice of using it as a full wrap solution or a light wrap product, which would resemble its current format.
The new arrangement will see all three platform products powered by Wealth.net technology, which means they will also operate under one trust deed.
