AXA Equitable has introduced the Retirement Cornerstone annuity, a dual-track product that offers exposure to both aggressive growth and investment protect.

“Last year’s market meltdown was a stark reminder of how vulnerable individuals’ investment portfolios can be,” said Christopher M. “Kip” Condron, chairman and chief executive officer of AXA Equitable. “We believe that Retirement Cornerstone represents a unique response to that sense of vulnerability. It can offer an easy way for investors to put cash back to work and take advantage of what they see as the best growth opportunities, as well as providing downside protection for retirement income.”

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