You are here: Home - News -

AXA Network looks to the future

  • 17/11/2003
  • 0
The AXA Adviser Network has upgraded its mortgage offering, Mortgage Solutions, in light of imminent...

The AXA Adviser Network has upgraded its mortgage offering, Mortgage Solutions, in light of imminent regulation.

Mortgage Solutions will also now offer access to a panel of non-regulated term and critical illness providers via Bankhall Point One, to complement its own suite of protection products. This will sit alongside its mortgage panel managed through distributor Mortgage Next.

The network has also developed a customised version of Trigold”s Prospector Plus point of sale and documentation software which it will offer to its members.

Steve Jenkins, sales director at AXA Adviser Network, said: “This is predominantly designed to accelerate the expansion of the AXA Adviser Network and to sell more of our own protection business through those distributors. In order to attract distributors, we need a competitive mortgage proposition.”

He added: “At the moment this is a pre-mortgage regulation offering. We have not said whether we will be adopting principal status under regulation, that decision has not been made. We are setting up to give brokers the ability to manage their own risk with respect to mortgage products, as principals, but clearly that will be under review in light of regulation.”

AXA currently charges £500 pa for registered individuals (RIs), and appointed representatives, who are tied to the network. Since its launch at the beginning of the year the network has attracted 300 RIs and post-regulation, the network expects to double that capacity.

Members of the network will also receive preferential rates on professional indemnity insurance through a deal arranged with specialists PYV.


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:

Universal Building Society Universal Building Society has announced the appointment of Kevin Basey ...