AXA Wealth, part of the AXA group, will cut 30 jobs from its sales team, FT Adviser reports.

According to the report, AXA Wealth will cut 10 frontline sales roles and 20 sales support roles, as part of a wider strategy which will see some of the firm’s programmes wound up.

AXA Wealth will however be creating five new tax wrapper specialist roles, as well as nearly doubling its offshore sales operation, the publication said.

No one at the firm was available to comment on the matter when contacted by WealthBriefing.

AXA Wealth recently launched a “what you see is what you get” tiered post-RDR pricing structure for its Elevate platform. Other AXA Wealth brands include Architas Multi-Manager, AXA Portfolio Services, AXA Wealth Services and Winterthur Life UK.