NEW YORK, Sept. 12, 2012 /PRNewswire/ -- AXA Equitable Life
Insurance Company today launched Fiduciary Educator(SM)
(www.axa-equitable.com/fiduciaryeducator), a first-of-its-kind
retirement plan fiduciary education website created for 401(k) and
457 retirement plan sponsors and the financial professionals who
work with them. Applying leading edge technology and best practices
in interactive adult online education, the site guides users
through the basics of what it means to be a plan fiduciary and
shares strategies that can help them fulfill a fiduciary
obligation.
"Research shows that 8 out of 10 retirement plan sponsors are
looking for more support from providers, especially with their
investment fiduciary responsibilities," said Nick Lane, president of the Retirement Savings
division at AXA Equitable. "Fiduciary Educator is a single
educational resource that provides information and tools to help
plan sponsors manage their obligations and mitigate their exposure
– protecting them and their employees."
Through a series of short, informative videos, Fiduciary
Educator(SM) helps plan sponsors understand:
- Who is a plan fiduciary?
- Consequences of a breach in fiduciary obligations
- Due diligence and procedural prudence
- Participant communication
- How to alleviate and shift fiduciary burden
Interactive quizzes follow each video to help assess if
fiduciary duties are being fulfilled, and whether a fiduciary
service provider might be helpful.
Free Library & Knowledge Baskets
Fiduciary Educator(SM) provides users with access to a
library full of education materials shared by an array of leading
industry firms. Users can preview the materials online or save them
in "knowledge baskets" for later reference.
Financial professionals are also invited to visit Fiduciary
Educator(SM). The site offers educational materials tailored to
financial professionals who work with plan sponsors.
"One of AXA Equitable's core values is to go above and beyond
for our clients," added Mr. Lane. "Fiduciary Educator(SM) is our
latest innovation toward recognizing the needs of customers, and
reinforcing our commitment to bringing them closer to the
information they need to be prepared and make smart planning
decisions."
Access the Fiduciary Educator(SM) at
www.axa-equitable.com/fiduciaryeducator
About AXA Equitable
In business since 1859, AXA Equitable Life Insurance
Company (NY, NY) is a leading financial protection company and one
of the nation's premier providers of life insurance and annuity
products, as well as investment products and services through
its affiliates, including, AXA Advisors, LLC. The company's
products and services are distributed to individuals and business
owners through its retail distribution channel, AXA Advisors and to
the financial services market through its wholesale distribution
channel, AXA Distributors, LLC. Find AXA Equitable on Facebook
and Twitter or visit the company's multi-media
newsroom The Source @ AXA Equitable.
AXA Equitable, a subsidiary of AXA Financial, Inc., is part of
the global AXA Group, a worldwide leader in financial protection
strategies and wealth management. "AXA Group" refers to AXA, a
French holding company for an international group of insurance and
financial services companies together with its direct and indirect
consolidated subsidiaries. For more information,
visit www.axa-equitable.com.
GE-80319 (9/12)
SOURCE AXA Equitable Life Insurance Company