- New York state fined AXA Equitable Life $20 million.
- AXA failed to adequately report changes in retirement income contracts.
- AXA's changes limited investor gains.
The AXA Group is a worldwide leader in insurance and asset management, with 160,000 employees serving 102 million clients in 57 countries. In 2012, IFRS revenues amounted to Euro 90.1 billion and IFRS underlying earnings to Euro 4.3 billion. AXA had Euro 1,116 billion in assets under management... More