New AXA Winterthur pension gains 5 Star Defaqto rating
The One from Winterthur, the first pension product from the new AXA Winterthur Wealth Management business, has been awarded 5 stars, the highest rating, by independent financial research company, Defaqto.A five star Defaqto rating recognises that The One from Winterthur, AXA Winterthur's Personal Pension (including a self-invested option), is a premium product designed for those looking for a product with the broadest range of quality features and benefits.
One of the main characteristics of The One from Winterthur, launched in October 2008, is its single structure that provides investors with greater choice and flexibility, allowing them to adapt their pension to meet their changing needs throughout retirement.
David Thompson, managing director, sales & marketing, AXA Winterthur Wealth Management said: "We specifically designed The One from Winterthur to meet the changing needs of our clients, who increasingly require greater flexibility and choice throughout their retirement journey. The five star rating is a quality assurance that will inspire confidence in our customers, who can be sure that they are buying one of the best products on the market."
In addition to The One from Winterthur, AXA's Investment Bond and AXA Isle of Man's Offshore Bond, Evolution, have both received a 5 Star rating for the fourth consecutive year.
Commenting on the star ratings, David Abbis, Investment consultant at Defaqto says: "Defaqto Star Ratings are an assessment of the quality of individual products based on a series of scoring bands. The boundaries of these bands have been set by our experts using their extensive knowledge of products in the market, the relative worth of each feature to the customer, and current and future market developments. A 5 star SIPP is an excellent achievement and places the product amongst the best in the market."