Is Equitable a pyramid scheme?
Equitable Advisors - This is a true pyramid scheme.
Is Equitable Life insurance legit?
Equitable earned 4 stars out of 5 for overall performance. NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer experience, complaint data from the National Association of Insurance Commissioners and financial strength ratings.
What happened to Equitable Life Insurance Company?
In June 2018, Equitable Life announced that Life Company Consolidation Group (now Utmost Life and Pensions) had agreed to buy the company for £1.8bn, with most policies to be transferred to Utmost's Reliance Life subsidiary and converted to unit-linked.
Who is Equitable Life owned by?
And we're owned by our participating policyholders, not shareholders. So we can focus on your interests and provide you with personalized service, security, and wellbeing. Click on the video below to learn more about Equitable Life and the solutions we offer to meet our customers' needs.