Announcing Equitable: A New Day for a 160-Year-Old Financial Services Company
NEW YORK - January 14, 2020 – Equitable, a leading financial services company and subsidiary of Equitable Holdings (NYSE: EQH), today unveiled the brand it will operate under as an independent, U.S.-based company. Formerly known as AXA Equitable Life, the company will begin this new chapter in its distinguished history as Equitable, an iconic American brand synonymous with helping generations of people achieve financial well-being.
AXA Equitable Holdings Names Stephanie Withers as Chief Auditor
AXA Equitable Holdings, Inc. (NYSE: EQH), a leading financial services company, comprised of two principal franchises -- AXA Equitable Life and AllianceBernstein -- today announced the appointment of Stephanie Withers as Chief Auditor, effective October 18, 2019. Ms. Withers will assume responsibility for leading the Internal Audit function for AXA Equitable Holdings. She will report to AXA Equitable Holdings President and Chief Executive Officer Mark Pearson, and to the Audit Committee of the AXA Equitable Holdings Board of Directors. Ms. Withers will be based in Charlotte, North Carolina.
Minnesota’s Eastern Carver County Schools Renews AXA Equitable Life as Retirement Plan Provider
NEW YORK – Eastern Carver County Schools in Carver County, Minnesota selected AXA Equitable Life, a leading financial services company, to continue as a retirement plan provider for its 403(b) and 457(b) supplemental retirement plans. As a plan provider, AXA Equitable Life will serve 450 educators with more than $12.9 million in assets (as of 3/31/19).
AXA Equitable Life Named a Best Place to Work for LGBTQ Equality
NEW YORK – AXA Equitable Life, a leading financial services company, has been named one of the “Best Places to Work for LGBTQ Equality” by the Human Rights Campaign (HRC), America's largest civil rights organization working to achieve lesbian, gay, bisexual, transgender and queer equality. The honor marks the sixth consecutive year that AXA Equitable Life has achieved a perfect score of 100 on the organization’s Corporate Equality Index (CEI).
AXA Equitable Life Introduces Enhanced Investment Strategies to Accumulate Wealth and Build Financial Security for Retirement
NEW YORK –AXA Equitable Life, a leading financial services company, today launched Retirement Cornerstone® 19, an enhanced version of Retirement Cornerstone®, its multi-stage variable annuity. The company also announced updates to its market-leading structured annuity, Structured Capital Strategies®. These enhancements will enable clients to build wealth and create protected lifetime income, while mitigating risk and keeping pace with inflation.
AXA Equitable Life Announces Expanded Partnership with High Schools Nationwide to Support Financial Literacy
NEW YORK –AXA Equitable Life, a leading financial services company, today marked Teacher Appreciation Week with new programs and increased funding to help educators and high school students make sound financial decisions. The AXA Equitable Foundation – the company’s philanthropic arm – is making a $100,000 grant to Students Against Destructive Decisions (SADD), the premier youth health and safety organization, to help create a financial literacy program for students, educators and their families.
AXA Equitable Life's 1290 Funds Honored with 2019 Lipper Fund Award
NEW YORK – AXA Equitable Life a leading financial services company, today announced that its 1290 SmartBeta Equity Fund received a Lipper Fund Award from Refinitiv1 for best fund over a three-year period in the Global Large-Cap Core Funds classification2. The Lipper Fund Awards are granted annually and reward consistent outperformance of individual funds and fund companies
Nick Lane Assumes Role as President of AXA Equitable Life
NEW YORK - AXA Equitable Life, a leading financial services company and subsidiary of AXA Equitable Holdings, Inc. (NYSE: EQH), today announced Nick Lane has assumed his previously announced position as President of AXA Equitable Life with responsibilities for the company’s Retirement, Wealth Management and Protection Solutions businesses as well as its Marketing and Digital functions.
AXA Equitable Life Unveils Asset Allocation Program Designed for K-12 Educators
NEW YORK –AXA Equitable Life, a leading financial services company, today announced the availability of Semester Strategies, a new asset allocation investment program designed for K-12 403(b) retirement plan participants.1 Semester Strategies combines an evolving asset allocation plan commonly found in target-date funds, with some downside market protection2 and the financial guidance of a licensed professional. This holistic approach – combining high-quality products with trusted and personalized financial advice – is central to AXA Equitable Life’s mission to help customers retire with dignity.
Teachers Working with Financial Professionals are Better Prepared for Retirement
NEW YORK – When it comes to saving for retirement, K-12 educators benefit from working with a licensed financial professional. According to new research conducted on behalf of AXA Equitable Life, K-12 educators who work with a financial professional reported median 403(b) retirement account balances nearly double of those who go it alone, saving $40,000 versus $21,000 for those who do not work with a licensed, trained professional.
AXA Equitable Life Names Aaron Sarfatti Chief Risk Officer
AXA Equitable Life, a unit of AXA Equitable Holdings, Inc. (NYSE: EQH), a leading financial services company, today announced the promotion of Aaron Sarfatti to Chief Risk Officer, effective October 1, 2018.
AXA Equitable Life Joins the Alliance for Lifetime Income to Help Americans Prepare for Retirement
AXA Equitable Life, a unit of AXA Equitable Holdings, Inc. (NYSE: EQH), a leading financial services company, announced today that it has joined the Alliance for Lifetime Income as a founding member. The Alliance brings together 24 of the nation’s leading financial services organizations to help Americans address the risk of outliving their income so they can lead a dignified life after retiring.
Retirement Savers Want to Talk About More Than Risk
AXA, a leading financial protection company, today unveiled new research which found retirement savers actively want to discuss ways to protect their assets during periods of volatility and ensure they have enough income in retirement.
Public opinion and market research company, Greenwald & Associates, conducted the research on behalf of AXA US and The Insured Retirement Institute (IRI), surveying more than 1,000 individuals and 300 financial professionals.
AXA Announces Scholarship Winners
AXA, a leading financial protection company, announced today 369 winners of the AXA Achievementsm Scholarship. The winners, known as AXA Achievers, are a group of ambitious and talented students who have demonstrated exemplary leadership skills and a commitment to making a positive contribution to the world. Through their outstanding achievements, these students are driving awareness and innovation in such areas as general community outreach, health innovations, financial literacy and environmental protection.
AXA hires Head of Strategy for Life, Retirement and Wealth Management Organization
AXA1, a leading financial protection company, announced today Aaron Sarfatti has been hired as managing director and head of strategy for its Life, Retirement and Wealth Management businesses. In this role, he will partner closely with the company’s business leaders to develop and execute key strategic initiatives, supporting growth and improvement efforts.
Chicago’s Metropolitan Pier and Exposition Authority selects AXA as Retirement Services Provider
AXA, a leading financial protection company, was selected by the Metropolitan Pier and Exposition Authority (MPEA) as the services provider for its 401(a) and 457(b) plans. The plans include approximately $26.7 million in assets combined.
AXA enhances Indexed Universal Lifetm product
AXA Equitable, a leading financial protection company, announced today it has enhanced its indexed universal life product, IUL Protect, with a new feature that can potentially pay clients more as interest rates increase. IUL Protect now includes an Extra Interest Credit feature, which increases as interest rates rise, delivering direct cash value to clients.