A free inside look at company reviews and salaries posted anonymously by employees. Present in 57 countries, AXA's 160,000 employees and distributors are committed to serving our 108 million clients. In the event of death or total and permanent disability (before age 65) of the Payer, future premiums of the basic policy will be waived. 10/11/2019, could not pronounce the word "combined" successfully after 4 attempts. 2/27/2018. Since I written a whole section on retirement planning & financial independence, it does make sense for me to view these plans, putting those considerations in mind.. AXA Retire Happy Plus belongs to a class of limited payout retirement plans.. The agent has all paperwork. They are eager to take your money, but after they have it you're screwed. 8/12/2020. This article will provide you with a product summary of the AXA SavvySaver while also sharing with you who it suits best. They suck. In achieving these goals, we need a game plan to prepare ourselves for the challenges ahead. Pros: Broker: Nice, folksy individual with soothing sales pitch. Neither is a voided check idiots. Key Financial Milestones by Age & Actions You Need To Take. AXA Equitable Life Insurance Company Variable Annuity Review . Jane pays a yearly premium of S$3,211.20 with a coverage term of 20 years until she is 70 years old. I trusted the agent which was a big mistake. They're customer service is designed in a way to get nothing done. Please know that existing customers are provided terrible customer service. If you’re looking to properly distribute your assets after you pass on, legacy planning is what you need. All he was really able to do was recommend I reallocate the investments within my 401k to other areas (something that doesn't charge me a fee and that doesn't pay a commission to the advisor). After 4 years of very negative returns due to the overpriced policy that finally dropped off, the agent refused to admit any wrong doing. 8/15/2020. Disclaimer: TopRatedFirms.com reviews of companies is our personal opinion. Learn about AXA Retirement Plan, including a description from the employer, and comments and ratings provided anonymously by current and former AXA employees. Features Payout Options. They make it easy to give them money and hard-really hard- to get it back. Comparatively, the plan offers the … AXA Advisors is among largest investment companies in the U.S.,
It offers … The customer service rep is very accommodating but still no transfer. Horrible to deal with. It is now December 24 and still no transfer. Jane, age 50, purchases AXA Super CritiCare with a Sum Assured of S$120,000 to cover herself against Critical Illnesses of all stages as … Reviews from AXA employees about working as a Plan Manager at AXA. 12/24/2020. None of what we were told has come true. by John F.,
by Craig williams,
CPF Life makes a good Retirement plan in the sense that you get a fixed amount of pay-out each month following retirement. I was then offered to go ahead and 'push it through' based on phone instructions I had just given them and the funds would be wired the next day. I never agreed to any insurance on 2 year old! It was now about 6 pm Friday and I'm freaking out that they little money I had in the accounts has been permanently stolen. by Tom B.,
This is as close to stealing your money as I can see. My current financial consultant is hard working and diligent in every aspect; not to mention reachable no matter the time of day. AXA Pulsar is featured for Investment returns in our 7 Best Regular Insurance Savings Plans in Singapore (2020 Edition) CALL YOURSELF AND ASK FOR A CUSTOMER SERVICE NUMDER. It's the time to create more memories and pursue of the goals we might have missed when we were working. I would advise to never go paperless with AXA if you already hand an accoint and will NEVER suggest anyone use AXA EVER!!!! Furthermore, the basic plan has a hassle-free application as it requires no medical underwriting. Assistant to broker: aggressive young film-flam artist obscuring details of costs and performance. Normally I believe in corporate America - but this company has truely tested my faith in large corporations. Cons: Aweful Fees, Terrible returns, total mismanagement, terrible website. This has caused my policy to lapse now on two separate occasions. Now I am promised a check in the mail on Monday. The entry age is in the range of 18-55 years and the maximum age of maturity is 65 years. Cons: Even when things got started, I had no problems. Nothing but good things from my experience with them. Axa Equitable sends your information offshore. These services are provided by Wilshire Associates Incorporated, a well-known industry leader in investment fiduciary service offerings. I don’t play games. by Investor,
I feel certain you will make a different decision. Impossible to get a hold of once you've given them your money. Checking the following day (Thursday) nothing had changed on the online dashboard for either account (both showed that my requests were being reviewed). Pros: None as broker never contacted me in spite of multiple calls. I was told that he couldn't tell me when they would make a decision about my request. Retirement Products. Account Login . AXA RetireHappy is the first inflation-adjusted retirement plan income plan. 7/5/2018. Learn about AXA culture, salaries, benefits, work-life balance, management, job security, and more. Received 0 call backs! I have unfortunately held an AXA contract since January 2008. 3/8/2018, Pros: Seemingly good investment opportunities and variety of options, Cons: Lack of implementation and trustworthiness. Login ID: Password: Change Password. DEER IN HEADLIGHTS....... BE CAREFUL The people may be nice (maybe!) 2021 AXA Equitable Roth IRA, Traditional IRA, 401k Rollover IRA, SEP/Coverdell Savings IRA (individual retirement accounts) review, investing options, rating, fees and commissions. Overall, this is a terrible company! Policy Illustration for AXA Super CritiCare, Jane. Cons: Extremely difficult to transfer money out. While annuities might offer tax deferment and insurance protection we waived the protection (more fees) and having Roth IRA's there was no tax advantage. It is also limited to its 24-year plan, which means that you will have to make yearly premium payments and will not receive a lifetime cash payout. In my 64 years with many different investment accounts Equitable/AXA was the absolute worst. AXA Advisors Empire State Marketing Center has the resources to help clients take
Upon retirement, choose to receive … AXA EQUITABLE LIFE INSURANCE COMPANY DOMESTIC RELATIONS ORDER REVIEW PROCEDURES Introduction Any or all of the qualified retirement plans sponsored by AXA Equitable Life Insurance Company ("AXA") may be requested or ordered to pay directly to a non-participant all or a portion of the benefits otherwise payable to a participant. Hadn't heard from anyone affiliated with AXA in at least 5 years. +They can shop the whole market, not just quote you one company's price like Northwestern Mutual does. In the event of death or total and permanent disability (before age 65) or critical illness of the Payer, future premiums of the basic policy will be waived. This plan is in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. and was told 'tough' in so many words. Never does. They sent link that we can’t open. 1/17/2019. Very clever. I was supposed to get a "sign up bonus" when I transferred my life savings to them after the first year. We pulled out, paying the early surrender fees and moved our money to Vanguard and TIAA index funds, where costs are minuscule in comparison (< 1%) and performance tracks the market. They are frauds of the financial community. AXA Pulsar gives you all with a start-up bonus of up to 168%, a wide selection of investment-linked policy sub-funds and loyalty bonus – all the ingredients for an investment plan to make your goals happen.. AXA Pulsar product details. Totally misrepresented and lied. I was not even notified that my account had been terminated until I called for a general question. The main company doesn't have me on file as the Power of attorney. (800) 923-6669). WOW!!! by Russ V,
However, the AXA SavvySaver may be a good fit for you if you think that you will need the liquidity or assurance to withdraw money while generating returns at the same time. un professional, never a call back even after call 20 times the Dallas office. The supervisor said he could see my accounts on his screen but couldn't understand why they had been removed from my online dashboard. 10/25/2017, Cons: Obvious bad procedures and plolicies. 10/23/2019. In the event of critical illness or total and permanent disability (before age 70) of the Life Assured, future premiums of the basic policy will be waived. We waited on your phone line for at least 30 minutes for assistance on multiple occasions. They were impossible to contact and deal with. Retirement is an exciting chapter of our lives. I am a public school teacher who has a 403b with them through a whole life policy. To qualify for Axa’s health insurance plan and retirement benefits, moreover, brokers must sell a certain amount of proprietary insurance-related products, including annuities. This company is awful, by William,
So I sat with the guy and he explain me the details "he wants to tell" ONLY, and don't tell or even mention the fees! Frequent Travelers – AXA doesn’t have a multi-trip or annual travel insurance plan, so frequent travelers should look elsewhere. by Linda,
I suspect this is to present a daunting and confusing task to discourage people from getting their funds and making mistakes that they use to keep you from getting your money back. I was told that if there is a problem with an emergency withdrawal, there is a 3-5 day wait before you are told! The information provided by Singapore Financial Planners is not meant to be construed as financial advice. I told him to stop and asked for a supervisor and was informed he was my advisor and there was no one above him. Or are you interested to understand if this product is right for you? Run for the hills and don't consider these folks. by Mary Cureton,
11/5/2020, Cons: lots of blue sky, no customer service. DONT GET AXA put your money somewhere else. by ArcanumOne,
Extremely difficult to transfer money out. Even when things got started, I had no problems. This plan is in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc. Equitable … Cons: Brokers do not service client accounts. Is a fiduciary strictly for himself. 10/31/2018, Cons: The main company, way too many to list. Upon signing up for this plan, you have 2 … After several more unsuccessful attempts to get threw the barriers they have to reach the phone service, I resign myself to see if AXA will contact me. by Heather Castro,
When I questioned that piece of information, he hung up.ZERO STARS. Texts go unanswered. How we will live our retirement years depends on how well we prepare for it today. They can't seem to keep advisors, and the fees are hidden and excessive. search for a Financial Advisor on this website. This is not all, there will be a fee of about 1% at the anniversary date, which means my money when down 2.4%.Why this expert people, charging you VERY, VERY large fees, using "state of the art" computer tools can do so poorly? As you will be seeing below, the need to purchase add-ons depends on how much coverage your main insurance policies provide, and whether you can afford paying for your premiums if you *touchwood* encounter any critical illness, total, and permanent disability. After inquiring of family and friends, I sought out AXA Equitable as I was told that Ms. Sheila was an exceptional … Cons: Independent contractors, having nothing to do with AXA, confusing when you call 1-800-444-6510. The total fees are 4.25% - ridiculous!!! Trades were not made. Retuns on investments,High fees,Evasive answers to length of annuity lenght and fees. by Matt A,
Extremely rude and willing to steal our money!! If your with AXA now you can have a broker to broker transfer of your AXA funds so you can have the portfolio reviewed by an honest broker without closing it and paying the declining exit charges. I sent the forms to roll over the account to Vanguard mid November. Payouts that were withdrawn cannot be deposited back with AXA. AXA Equitable 401k Plan currently has over 16,000 active participants and over $2.2B in plan assets. Pros: Broker only calls annually when he want you to deposit: more deposits = more commissions for him! She finds it difficult to find one she trusts, leading her to learn more about the various insurance & investment plans available. Transparent, hard working individuals who consistently keep their clients best interest in mind. Had I invested this money into a traditional retirement fund, I would have had interest that exceeded my annual income rider. 4/17/2019. Management get off your ass and do your job, and take care of your clients. Thus, to prevent overspending and buying the wrong financial products, always ensure that you consult with a financial advisor before making any purchases. No real complaints, probably since they are working directly with my consultant and not me. I’ve rolled money from another retirement account previously and it was so simple. I should have 80,000 in the account but have about 40,000 after eight years of putting in 1000 a month. by David,
Pros: Kind, sincere, christ-like and explained everything in a manner I could follow fully. It offers a wide range of term and permanent life insurance policies, … After the 5 year wait it was extremely difficult to transfer by my financial consultant. Singapore Financial Planners shall not be held liable for any inaccuracies, mistakes, omissions, and losses incurred should you purchase any financial products listed on this website. Whatever problems you may be having with your personal finances AXA is one stop shop that can point you in the right direction. Great caring Agent, he was not the problem, I would not want to be with anyone else. I would have been much better off investing in a simple savings account even with the miserably low interest rates because at least I wouldn’t have lost money. This is the most dishonest and untrustworthy organization I have ever dealt with. by Sarah Smith,
After 45 minutes on hold i finally got a customer service person to talk to and when I said that I didnt have my account numbers she hung up on me. We cannot reach a single person who doesn't want to sell us something else. All the listed benefits are extracted from job descriptions, reviews, and Q&A posted on Indeed. After several attempts to get past this part of the process (multiple calls) it finally told me i was 39 in the queue. control of their financial future. They say I will make a great deal of money by the 5th year which when i asked by exactly the difference by how much total premium i pay and the total saving I would make didn't even make 100 euros difference because it has to be a long run investment but they always lie and guarantee that I will make a fortune. A second opinion on whether this is for you, A second opinion on your financial portfolio, A second opinion on the recommendations made by your financial advisor, https://www.axa.com.sg/savings-investments/savvysaver, Below 60 years old to qualify signing up for AXA SavvySaver, Start saving with as low as S$100 monthly, 101% of the total premiums paid if the event happens within the first two years, or 105% if the event happens thereafter; or. You hurt people. by Brittany Leimeister,
All was confirmed same day in phone conversation with assurances I’d receive the check in a few days. I wish I would have known this and researched on my own. by RKlatt,
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