INVESTMENT and retirement specialist AXA Wealth has announced its financial results for the third quarter of the year reporting strong growth across the business.

AXA Wealth’s overall funds under management (FUM) has increased by 10 per cent from £24.6 billion to £27bn over Q3 2013, with total retail sales up three per cent to £2.5bn over the same time period.

Mike Kellard, chief executive officer, based at AXA Wealth’s head office in Basingstoke, said: “It’s been a busy few months for the business, adapting to upcoming changes in saving for retirement, so to achieve such significant results are a testimony to the dedication and hard work that our people put in on a daily basis.

“Over the last three months we have launched a new investment range, introduced a refreshed brand and appointed a new customer service director dedicated to enhancing a consistent quality experience for our customers."

Mike added: “It’s not just our financial results figures that are impressive.

“So far this year our employees have raised a staggering £96,770 for local charities. This includes a team of 14 who braved the longest zipwire in Europe, which exceeds speeds of 100mph, for our chosen charity Naomi House & Jacksplace raising £4,767.

“I really admire the get-up and go attitude our people adopt when it comes to fundraising and volunteering and I am looking forward to celebrating our great performance with them at this year’s Christmas parties.”