review of axa s activities in the united states april 26 2004 2 table contents 1 us market page financial overview 10 key action points achievements 3 27 4 investments 43 5 life & savings distribution 49 advisors distributors 6 products 64 annuities insurance 7 marketing 87 8 conclusion 95 retirement trillion defined benefit 401 k 403 b deferred ira non mutual funds separate accounts managed trusts endowments source merrill lynch research asset management november 14 2003 has over 15 assets more than half which are baby boomers nearing and growing sources ageworks university southern california boston college number 65 individuals from 1900 2030 0 20 30 40 50 60 70 80 19
