AXA Elevate has announced a new partnership with Sipp provider Hornbuckle Mitchell.

Wrap platform AXA Eleveate, which recently announced assets under administration of £2.5bn, hopes the partnership will strengthen the platform.

It will allow advisers to benefit from broad asset choices, fast online transactions and simple re-registration of funds on the AXA Elevate platform.

Advisers will still be able to manage all their clients’ assets and information in one place.

David Thompson, managing director of AXA Wealth UK distributors, said: “AXA Wealth continues to seek out partnerships like the one with Hornbuckle Mitchell to strengthen its platform offering in the approach to the RDR.

“Being able to provide the benefits of Elevate’s electronic trading capabilities while retaining the full Sipp benefits of the pension creates a win-win scenario for advisers and their clients.”

David White, managing director at Hornbuckle Mitchell, said: “The market is moving towards the flexibility and choice embodied by Sipps but also the accessibility of electronic reforms. The partnership with AXA Elevate brings the two together giving the benefits of our range of powerful Sipp solutions with the ability for advisers to see and manage all their clients’ assets in one place.”