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  • RetireUp Adds AXA Equitable Life’s Leading Structured Variable Annuity to Its Comprehensive Retirement Planning Platform

    October 31, 2018 by RetireUp

    CHICAGOOct. 30, 2018 /PRNewswire/ — Retirement income planning software provider RetireUp announced today the addition of AXA Equitable Life’s Structured Capital Strategies® variable and index-linked deferred annuity to its broad selection of products available in the RetireUp Pro platform.

    The industry-leading RetireUp Pro platform enables financial professionals to convey complex concepts using simple numbers, visuals and “what-if” scenarios. It demonstrates potential product benefits and outcomes in real time by modeling top industry annuities and insurance products at the actuarial level directly within the client’s portfolio.

    “Financial professionals today are looking for simpler, more transparent solutions for their clients’ various retirement saving and investing needs,” said Kevin Kennedy, Head of Individual Retirement for AXA Equitable Life. “We are pleased to offer Structured Capital Strategies through RetireUp Pro’s platform to help financial professionals and their clients address the overall risk of running out of money as they plan for retirement.”

    An industry innovator, AXA Equitable Life introduced the first structured variable annuity to the market in 2010 with the debut of Structured Capital Strategies. According to LIMRA’s Secure Retirement Institute, structured annuity sales rose 26% from 2016 to 2017 while overall annuity industry sales declined slightly.1

    “We’re excited to work with AXA Equitable Life and the tremendous benefit this relationship will offer our users,” said RetireUp President and Chief Sales Officer Michael Roth. “The addition of this top-selling annuity from an industry leader adds diversification by introducing a new product class – index-linked or ‘structured’ variable annuities – to our modeled product lineup.”

    For information about RetireUp Pro or to request a demo, visit www.retireup.com.

    About RetireUp
    Based in Libertyville, Illinois, RetireUp is a leading provider of integrated retirement income planning solutions designed to strengthen the client-advisor relationship. By presenting complex concepts as easily understood numbers and graphics, RetireUp technology platforms quickly engage clients and transform them into enthusiastic participants in the planning process. With powerful tools, actuarial-level product modeling, data integration
    and an automated forms system, RetireUp facilitates more meaningful client-advisor conversations and faster, better solutions, while streamlining the entire planning process. For more information, go to www.retireup.com.

    Structured Capital Strategies® is offered by prospectus, which contains more complete information, including investment objectives, risks, charges, and expenses. Contact your financial professional or the company for a prospectus, and read it carefully before investing or sending money.

    An annuity is a long-term financial product designed for retirement purposes. An annuity is essentially a contractual agreement in which payment(s) are made to an insurance company, which agrees to pay out an income or a lump-sum amount at a later date. Typically, variable annuities have mortality and expense charges, account fees, investment management fees and administration fees, as well as exclusions and limitations. Variable annuities are subject to investment risks, including possible loss of principal invested.

    Structured Capital Strategies® is a registered service mark of, and is issued by, AXA Equitable Life Insurance Company, NY, NY 10104. Co-distributed by affiliates AXA Advisors, LLC (member FINRA, SIPC) and AXA Distributors, LLC. 

    About AXA Equitable Life
    AXA Equitable Life is a wholly-owned indirect subsidiary of AXA Equitable Holdings, Inc. (NYSE: EQH). Since 1859, the AXA Equitable Life Insurance Company (NY, NY) has been one of America’s leading financial services providers with 2.8 million customers nationwide and more than $207 billion of assets under management (as of 6/30/18). Our mission is to help people retire with dignity, protect their families and prepare for their financial futures with confidence. Find AXA Equitable Life on Facebook, Twitter
    and LinkedIn. For more information, visit www.axa.com. GE-140341(10/18)(exp.10/20)

    1“Total Annuity Sales Continued to Decline in 2017,” Feb. 21, 2018, LIMRA Secure Retirement Institute.

    SOURCE RetireUp

    Related Links

    http://www.retireup.com

    Originally Posted at CISION PR Newswire on October 30, 2018 by RetireUp.

    Categories: Industry Articles
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