AXA Wealth has extended its discretionary fund management services with a new partnership with UK wealth management group Ashcourt Rowan.

Advisors using AXA's Elevate platform will now have access to Ashcourt Rowan’s model and bespoke portfolios, as well as a new customised portfolio service, the firm said in a statement.

Paul Miles, AXA director of intermediary services, said that Ashcourt is “keen to engage with firms” who are concerned about meeting the requirements of the Retail Distribution Review, in addition to the FSA's recently-issued guidance paper on centralised investment propositions.

Last month AXA Wealth brought in four new product specialists to support the growth of its Secure Advantage range in the UK regions.