AXA Wealth secures CFS distribution agreement
AXA Wealth has secured a contract to provide a new financial advice service to Co-operative Financial Services’ (CFS) five million retail banking customers.
The seven-year distribution agreement, which runs from October 2011, includes an investment, pension and life insurance advice offering, and the partnership will deploy 325 advisers across the CFS branch network.
The new team will include staff transferred from the existing Co-op business, and a significant number of new roles that will be offered to Co-op employees.
AXA Wealth chief executive officer, Mike Kellard, comments: “Our partnership with Co-operative Bank has huge benefits for Co-op’s customers and is beneficial for both of our businesses.”
Category: Axa Insurance News, Employment News
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