Welcome to our dedicated page for Equitable Holdings news (Ticker: EQH), a resource for investors and traders seeking the latest updates and insights on Equitable Holdings stock.
Equitable Holdings, Inc. reports developments across retirement, asset management and wealth management businesses conducted through Equitable, AllianceBernstein and Equitable Advisors. Company news commonly covers operating results, segment performance, assets under management and administration, retirement and protection strategies, investment management services, and advisory relationships with individual, institutional and private wealth clients.
Recurring updates also include capital actions such as common and preferred stock dividends, share repurchase authorizations and debt transactions. Equitable also publishes research on financial planning, retirement readiness, wealth transfer and advisor-client needs, reflecting the company's focus on retirement planning, wealth management, protection and risk management services.
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Equitable Holdings, Inc. (NYSE: EQH) announced that CEO Mark Pearson will participate in a fireside chat at the Goldman Sachs 2021 US Financial Services Conference on December 8, 2021, at 4:20 p.m. ET. A live audio webcast will be available on the Equitable Holdings Investor Relations website, where a replay will be accessible post-event. Equitable Holdings, established in 1859, manages approximately $871 billion in assets and serves over 5 million clients globally through its franchises, Equitable and AllianceBernstein.
Equitable Holdings Inc. (NYSE: EQH) has been selected as the sole provider for the 403(b) and 401(a) retirement plans for Bartholomew Consolidated School Corporation in Columbus, Indiana, following a competitive bidding process. The firm will manage over $71 million in plan assets for more than 822 educators across 19 schools. This partnership aims to enhance financial security for educators by offering personalized advice and an integrated technology platform. Equitable is recognized as the leading provider of 403(b) plans in the K-12 market.
Equitable Holdings, Inc. (NYSE: EQH) has introduced a new registered index-linked annuity, Structured Capital Strategies Income, designed to address retirement income concerns. This innovative product combines lifetime income options with market volatility protection, aiming to help investors maintain financial well-being during retirement. With options for immediate income, level income that does not decrease, and accelerated income, the annuity allows for income growth and partial market loss protection. Research shows heightened anxiety among pre-retirees regarding retirement finances, which this product aims to alleviate.
Equitable Holdings, Inc. (NYSE: EQH) has declared a quarterly cash dividend of $0.18 per share, payable on December 6, 2021, to shareholders on record by November 29, 2021. Additional dividends include $328.125 per share for Series A preferred stock and $618.75 for Series B, both payable on December 15, 2021, to holders recorded by December 3, 2021. The company manages approximately $871 billion in assets and serves over 5 million clients worldwide, showcasing its strong market position.
Equitable (NYSE: EQH) has announced the expansion of its variable and index-linked annuity products through technology-enabled platforms, specifically the FIDx-powered Envestnet Insurance Exchange. This partnership aims to enhance distribution channels for financial professionals, making it easier for them to integrate insurance products alongside managed investments.
The company has a long history of innovation in annuities and is committed to providing fee-based versions of its products, addressing the growing demand for tax deferral and market protection in client portfolios.
AllianceBernstein (AB) has announced the addition of Jackson National Life Insurance Company (JXN) to its Lifetime Income Strategy (LIS) platform, enhancing retirement solutions for Defined Contribution plans. With this move, Jackson becomes the fifth insurer backing AB's in-plan guaranteed income solution, which currently manages over $6 billion in assets. AB aims to provide effective lifetime income options, benefiting both plan sponsors and participants, especially in light of the SECURE Act's provisions on annuities.
Equitable Holdings (NYSE: EQH) reported strong financial results for Q3 2021, with net income of $672 million and non-GAAP operating earnings of $818 million, reflecting a 56% increase from the previous year. Total assets under management (AUM) rose 17% to $871 billion, driven by positive net inflows of $7.1 billion. The company announced a financing transaction unlocking $1 billion in capital, enhancing its shareholder value. Despite a minor impact from annual actuarial assumption reviews, the company maintains a strong capital position to continue generating solid returns for stakeholders.
Equitable Holdings has appointed Joan Lamm-Tennant as the new independent Chair of its Board of Directors, effective immediately. Lamm-Tennant, a director since January 2020, has significant industry and risk management expertise. She succeeds Ramon de Oliveira, who resigned due to communication issues unrelated to the company's operations. The company emphasizes its financial strength and stability, indicating positive prospects under Lamm-Tennant's leadership as it continues to enhance its ESG strategy and risk framework.
Equitable Holdings, Inc. (NYSE: EQH) will release its third-quarter financial results on November 3, 2021, after market close. A conference call to discuss these results is scheduled for November 4, 2021, at 8:00 a.m. ET. Investors can access the conference call and additional earnings materials via the company's investor relations website. Equitable Holdings has around 12,000 employees and manages approximately $869 billion in assets, supporting over 5 million client relationships worldwide.