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This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
In 2016, Axa sold its UK investment, pensions and insurance businesses, including SunLife, to UK insurer Phoenix Group [34] in a £375 million deal. [ 35 ] Business activities
Resolution purchased Axa Sun Life Holdings Ltd from Axa SA in Autumn 2010. [6] In October 2010 it bought Bupa Health Assurance. [7] In 2011 Resolution merged the UK operations of Friends Provident with the UK life assurance businesses acquired from Axa and Bupa under the name Friends Life. [8] Resolution changed its name to Friends Life Group ...
In the 1980s, the company's financial services were expanded including its pension division, which was formed in 1981. [15] The pension division grew to manage $8.7 billion in pension funds by 1989. By 1989, the Mutual Life's total assets under management were nearly $22 billion and its insurance in force was $84 billion, up from $51 billion in ...
Sun Life contributes to the local economy as one of the top 5 major employers in the region, with approximately 3,500 employees – more than 40% of Sun Life's employee base in Canada. [ 18 ] In 2012, Sun Life celebrated the 100th anniversary of its Canadian head office building, located on King Street, right on the border of the Cities of ...
Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde. In 1991, French insurance firm AXA acquired majority control of The ...
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Phoenix Wealth, the UK-based pensions and investments previously offered by AXA Wealth; Standard Life; ReAssure, covering ReAssure and ReAssure Life (formerly Old Mutual Wealth Life Assurance) and also including Ark Life; SunLife; SunLife of Canada UK [14] Phoenix Corporate Investment Services [15] plus other unregulated businesses: Vebnet