Chicago’s Metropolitan Pier and Exposition Authority Selects AXA as Retirement Services Provider
2018年3月8日 - 11:58PM
ビジネスワイヤ(英語)
AXA, a leading financial protection company, was selected by the
Metropolitan Pier and Exposition Authority (MPEA) as the retirement
services provider for its 401(a) and 457(b) plans. The plans
include approximately $26.7 million in assets combined.
A municipal corporation created by the Illinois General
Assembly, MPEA is the owner of McCormick Square, McCormick Place,
which is the largest convention center in North America, Hyatt
Regency McCormick Place, Wintrust Arena and Marriott Marquis
Chicago.
“We are honored MPEA has selected us as the services provider
for its retirement plans,” said Keith Namiot, Chief Operating
Officer of Group Retirement for AXA US. “We are committed to
educating MPEA’s employees on how they can work toward achieving
financial stability and retirement security, and look forward to
serving them for years to come.”
AXA Equitable provides comprehensive recordkeeping services
through AXA Retirement 360SM, its open-architecture defined
contribution mutual fund platform that also features a group fixed
annuity contract. Designed for 401(k), 403(b), 457(b) and 401(a)
plans, AXA Retirement 360SM is tailored specifically for plan
sponsors’ and their employees’ needs. The program provides
personalized guidance, access to fiduciary protection and is
supported by a dedicated US-based customer service team.
About AXA
As leading providers of retirement, insurance and investment
strategies, the companies under the AXA U.S. brand name help
empower their customers to live better lives. Established in 1859,
AXA Equitable now has 2.5 million customers nationwide. More than
4,700 AXA Advisors Financial Professionals create strategies to
help individuals, families and small business owners move forward
with confidence on their road to financial security. AXA U.S. is a
brand name of AXA Equitable Financial Services, LLC and its
family of companies, including AXA Equitable Life Insurance Company
(AXA Equitable), MONY Life Insurance Company of America (MLOA) (AZ
stock company, administrative office: Jersey City, NJ), AXA
Advisors, LLC (member FINRA, SIPC) and AXA Distributors, LLC. AXA
U.S. is part of the global AXA Group, a worldwide leader in
financial protection strategies and wealth management, with 107
million clients in 64 countries. The obligations of AXA Equitable
and MLOA are backed solely by their claims-paying ability. Find AXA
on Facebook, Twitter and LinkedIn. For more
information, visit www.axa.com.
Mutual funds are subject to market risk, including loss of
principal. Clients must consider the charges, risk, expenses, and
investment objectives carefully before purchasing a mutual fund.
For a prospectus containing this and other information, clients
should contact a Financial Professional. They should read it
carefully before investing or sending money. This press release
does not constitute investment advice, nor does it make a direct or
indirect recommendation of any particular product or investment
option. Annuities are long-term products used for retirement
purposes and contain certain limitations and restrictions. The AXA
Retirement 360SM defined contribution program consists of a
custodial account offered through Reliance Trust Company, LLC,
within which plan participants’ chosen mutual fund shares are held,
as well as a group fixed annuity contract (Generic Form Number
2016FA-MFrev, 2016FA-MF403b) issued by AXA Equitable Life Insurance
Company (“AXA Equitable”). Mutual funds made available through the
program are distributed by AXA Distributors, LLC (“AXA
Distributors”). AXA Equitable and AXA Distributors are located at
1290 Avenue of the Americas, New York, NY 10104, (212) 314-4600.
AXA Equitable is solely responsible for meeting the obligations of
the group fixed annuity contract. Offered by affiliated and
unaffiliated entities, the program is the result of various
strategic partnerships, including one between AXA Distributors, LLC
and PlanConnect, LLC. AXA’s Group Retirement platform includes
recordkeeping, trading and custodial services to plan sponsors for
the program. Reliance Trust Company serves as custodian of mutual
funds selected by plan participants. PlanConnect, LLC, serves as
the platform’s recordkeeper and third-party administrator. AXA
Retirement 360SM is a service mark of the contractual arrangements
between affiliated and/or unaffiliated entities within the
platform; PlanConnect® is a registered service mark of PlanConnect,
LLC (100 Madison Street, Syracuse, NY 13202. (800) 923-6669). AXA
Equitable, AXA Distributors, and PlanConnect, LLC are separate but
affiliated companies. Reliance Trust Company is a separate and
unaffiliated company. The investments in this program are subject
to investment risks, including possible loss of the principal
invested. They are not insured by the Federal Deposit Insurance
Corporation nor are they deposits to, obligations of, or guaranteed
by any bank.
GE-133129 (1/18)
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180308005781/en/
Media:AXA USJennifer Recine,
212-314-2010mediarelations@axa.us.com
Axa (EU:CS)
過去 株価チャート
から 10 2024 まで 11 2024
Axa (EU:CS)
過去 株価チャート
から 11 2023 まで 11 2024