We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Industry News

Categories

  • Industry Articles (21,038)
  • Industry Conferences (2)
  • Industry Job Openings (34)
  • Moore on the Market (408)
  • Negative Media (144)
  • Positive Media (73)
  • Sheryl's Articles (797)
  • Wink's Articles (346)
  • Wink's Inside Story (272)
  • Wink's Press Releases (121)
  • Blog Archives

  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • September 2008
  • May 2008
  • February 2008
  • August 2006
  • Equitable Enhances Market Leading Buffered Annuity Suite

    March 1, 2023 by Equitable

    NEW YORK–(BUSINESS WIRE)–Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today announced enhancements to its Structured Capital Strategies PLUS® 21 and Structured Capital Strategies® Income variable and registered index-linked annuities (RILAs). The new enhancements are designed to provide clients with partial protection against market volatility along with the opportunity to capture upside market potential up to a cap.

    The enhancements provide higher buffers to provide additional, partial protection against market turbulence; shorter investment durations that give clients the flexibility to reallocate underlying investments in times of uncertainty; and new investment options that can provide positive or enhanced performance even if market index returns are negative.

    Continuing the company’s history of innovation, Equitable is launching Loss Limiter, a first-of-its-kind RILA investment feature that ensures clients will never lose more than 5% or 10% of their investment due to index performance in the Loss Limiter segment at maturity. Loss Limiter offers built-in downside protection with a buffer against loss up to -10%, and a 90% or 95% protection guarantee based on the chosen investment time frame, no matter how far the chosen equity index drops.

    A second new investment option, Dual Step Up, guarantees a positive rate of return equal to the performance cap rate if the selected index return is greater than or equal to the selected buffer (-10% or -15%) at the end of the one-year period. Dual Step Up allows clients to participate in the combined benefits of Equitable’s Dual Direction and Step Up investment options, providing the potential for predictable, positive returns in flat or down markets.

    “Clients continue to face persistent economic uncertainty and decreased investment returns, but still need to provide for themselves and their loved ones in retirement,” said Steve Scanlon, Head of Individual Retirement, Equitable. “That’s why we’re committed to constantly reimagining our products and rolling out new enhancements, including additional partial protection against market upheaval, increased flexibility or the option for monthly retirement income, that can help them meet their goals.”

    Other enhancements to Equitable’s Structured Capital Strategies suite of RILAs include:

    • Adding a -40% buffer for one-year and six-year investment segment options
    • Adding higher buffers of -15% and -20% for most indices to meet clients’ interest in additional protection given market volatility
    • Adding Dual Direction investment strategy options for one-year durations in Structured Capital Strategies PLUS® 21

    Equitable pioneered Structured Capital Strategies®, the first registered index-linked, or buffered, annuity in 2010.

    About Structured Capital Strategies®

    Through the Structured Capital Strategies® suite of variable annuity products, clients can participate in one of several mainstream equity market indices up to a cap, with a buffer protecting against the first -10%, -15%, -20% or -40% of potential losses. Clients can choose the equity index on which the performance of their investment is based, such as the S&P 500 Price Return Index, Russell 2000® Price Return Index, iShares® MSCI EAFE Price Return Index or NASDAQ 100 Price Return Index. They can also select the duration of their investment and its level of downside protection based on their goals and risk tolerance.

    The Dual Direction feature available in Structured Capital Strategies® allows clients to earn a positive return even if the benchmark index declines. It does this by crediting a return equal to the percentage of the decline up to, or equal to, the amount of the buffer (-10%, -15% or -20%). Positive market returns are credited up to the cap.

    Structured Capital Strategies® Income adds two, new innovative ways to create guaranteed income in retirement, including the ability to start receiving income immediately from a registered index-linked annuity, a level income option which provides an income rate initially based on age at the time of purchase and that does not decrease, and an accelerated income option, which provides a higher rate of income in early retirement when individuals may have higher expenses.

    About Equitable

    Equitable, a principal franchise of Equitable Holdings, Inc. (NYSE: EQH) has been one of America’s leading financial services providers since 1859. With the mission to help clients secure their financial well-being, Equitable provides advice, protection and retirement strategies to individuals, families and small businesses. Equitable has more than 8,000 employees and Equitable Advisors financial professionals and serves 2.8 million clients across the country. Reference to the 1859 founding applies specifically and exclusively to Equitable Financial Life Insurance Company.

    Registered index-linked annuities (RILA) include a partial protection feature that eliminates a portion of the contract holder’s downside risk, while still giving the contract holder the opportunity to invest for growth up to a cap. Through the partial protection feature, the buffer will absorb the loss up to the buffer selected. However, there is risk of substantial loss of principal because the investor agrees to absorb all losses that exceed the protection provided. An annuity is a long-term financial product designed for retirement purposes. Simply stated, an annuity is a contract between the contract holder and a life insurance company that lets the contract holder pursue the accumulation of assets through equities and other investment options. The contract holder may then take payments or a lump sum amount at a later date. There are fees and charges associated with variable annuities, which contain certain restrictions and limitations and are subject to market risk including loss of principal. All contract and rider guarantees are backed by the claims-paying ability of the issuing life insurance company. It is not possible to invest directly in an index. Equitable Holdings, Inc. subsidiaries do not provide tax, accounting or legal advice or services.

    Variable and registered index-linked annuities are offered by prospectus, which contains detailed information about the contract and its charges, risks, expenses, and investment objectives. Prospective contract holders should read the prospectus and consider this information carefully before purchasing a contract or sending money.

    This press release is not intended and should not be construed or relied upon as financial, insurance or investment advice. Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY), Equitable Financial Life Insurance Company of America (Equitable America), an AZ stock company, NJ, and Equitable Distributors, LLC. “Equitable” is used throughout this release to refer to Equitable Financial and Equitable America, issuers of the Structured Capital Strategies® variable annuities. When distributed outside of New York state by Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI & TN) through Equitable Advisors Financial Professionals (FP) whose business address is not in New York state, or when distributed by Equitable Distributors, LLC through financial professionals of unaffiliated broker/dealers when the solicitation state is not New York, Structured Capital Strategies® Income and Structured Capital Strategies PLUS® variable annuities are issued by Equitable Financial America. When offered by Equitable Advisors FPs whose business address is in New York state or when distributed by Equitable Distributors, LLC through financial professionals of unaffiliated broker/dealers when the solicitation state is New York, Structured Capital Strategies® Income and Structured Capital Strategies PLUS® are issued by Equitable Financial. The obligations of Equitable Financial and Equitable America are backed solely by their own claims-paying abilities. GE-5477606.1(02/23)(exp.02/25)

    Contacts

    Media:
    Abby Aylman Cohen
    (212) 314-2010
    mediarelations@equitable.com

    Originally Posted at Business Wire on February 28, 2023 by Equitable.

    Categories: Industry Articles
    currency