Jackson National Life

Jackson’s Joe Caruso Receives Insured Retirement Institute’s Inaugural Rising Star Award

Retrieved on: 
Thursday, April 4, 2024
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Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced that Joe Caruso, J.D., LL.M, Assistant Vice President, Government Relations and Public Policy, received the Insured Retirement Institute’s (IRI’s) 2024 Rising Star Award.

Key Points: 
  • Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced that Joe Caruso, J.D., LL.M, Assistant Vice President, Government Relations and Public Policy, received the Insured Retirement Institute’s (IRI’s) 2024 Rising Star Award.
  • “We are pleased to present this award to Joe in recognition of his leadership and work to advance IRI’s mission and vision,” said Wayne Chopus, President and CEO, Insured Retirement Institute.
  • He is also a participant in several other committees including State Affairs, Standard of Conduct and Retirement Plans and Tax.
  • IRI's rising star award recognizes an emerging leader who shows exemplary service to their profession, colleagues and the insured retirement industry.

Jackson Recognized for Highest Customer Service in Financial Industry for 12th Consecutive Year

Retrieved on: 
Thursday, March 14, 2024
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Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), was recently recognized with the “Highest Customer Service — Financial Industry” award for achieving the highest first-call resolution rating in the market in 2023 from Service Quality Measurement Group, Inc. (SQM) .

Key Points: 
  • Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), was recently recognized with the “Highest Customer Service — Financial Industry” award for achieving the highest first-call resolution rating in the market in 2023 from Service Quality Measurement Group, Inc. (SQM) .
  • “We are grateful to be recognized once again with these awards from SQM,” said Dev Ganguly, Executive Vice President and Chief Operating Officer at Jackson.
  • “At Jackson, we prioritize customer experience, and work collaboratively to leverage technology and associate training that foster a customer-centric environment in our contact center.
  • “We wish to congratulate Jackson for their remarkable achievement in winning the SQM award for Highest Customer Service — Financial Industry and for their ability to consistently deliver world-class service to their customers,” said Nader Ghattas, Chief CX Officer, SQM Group.

Jackson Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024
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Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • Net income (loss) attributable to Jackson Financial Inc. common shareholders of $(1.6) billion, or $(19.64) per diluted share in the fourth quarter of 2023, compared to $(1.2) billion, or $(13.74) per diluted share in the fourth quarter of 2022
    Adjusted operating earnings1 of $204 million, or $2.53 per diluted share in the fourth quarter of 2023, compared to $294 million, or $3.39 per diluted share in the fourth quarter of 2022.
  • The lower current quarter net income also reflects an $841 million loss from business reinsured to third parties, while the prior year’s fourth quarter included a loss of $157 million.
  • The results of this reinsured business do not impact our statutory capital or free cash flow and can be volatile quarter to quarter.

Jackson Honored for Creative and Effective Marketing and Communications Content in 2023

Retrieved on: 
Thursday, February 8, 2024
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The Distribution Marketing team at Jackson National Life Distributors LLC (JNLD), the marketing and distribution business of Jackson National Life Insurance Company ® (Jackson®)1, received several awards in 2023 showcasing the company’s marketing and creative services.

Key Points: 
  • The Distribution Marketing team at Jackson National Life Distributors LLC (JNLD), the marketing and distribution business of Jackson National Life Insurance Company ® (Jackson®)1, received several awards in 2023 showcasing the company’s marketing and creative services.
  • “At Jackson, we are committed to making retirement clearer for everyone.
  • In support of this, our team designs marketing collateral that is creative, informative and easy to understand, adding value to our relationships with our distribution partners.
  • The product kit system includes a variety of marketing pieces providing features and use cases for the range of products offered by Jackson.

Jackson Enhances Suite of Digital Tools with Launch of Tax Deferral Calculator

Retrieved on: 
Thursday, December 7, 2023
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Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced it has launched a proprietary tax deferral calculator available to financial professionals and their clients on Jackson.com.

Key Points: 
  • Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced it has launched a proprietary tax deferral calculator available to financial professionals and their clients on Jackson.com.
  • The new tool complements Jackson’s robust suite of online financial planning tools, including its Social Security and retirement expense and income calculators .
  • Additionally, the tool allows users to illustrate scenarios for individuals, couples and trusts based on their unique tax needs.
  • To learn more about the planning calculators and tools Jackson offers, visit https://www.jackson.com/your-financial-future/calculators-and-tools.html .

Jackson Awards $770,000 in Biannual Grants to Nonprofits Across Lansing, Nashville and Chicago

Retrieved on: 
Tuesday, December 5, 2023
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Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced it has awarded $770,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois.

Key Points: 
  • Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced it has awarded $770,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois.
  • The announcement is part of Jackson’s biannual grant program and brings the company’s total 2023 grant contributions to nearly $1.5 million.
  • The grants support various nonprofit initiatives including efforts to improve economic opportunities through education, training, housing and community collaboration.
  • Nonprofit organizations in the Lansing, Chicago or Nashville area interested in applying for a grant from Jackson are encouraged to submit an application through the company’s website.

Jackson’s Scott Golde Honored as Recipient of ThinkAdvisor LUMINARIES 2023 Executive Leadership Award

Retrieved on: 
Wednesday, November 29, 2023
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Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced Scott Golde, Senior Vice President, Enterprise Chief Ethics and Compliance Officer, has been named a ThinkAdvisor Executive Leadership 2023 Luminary.

Key Points: 
  • Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced Scott Golde, Senior Vice President, Enterprise Chief Ethics and Compliance Officer, has been named a ThinkAdvisor Executive Leadership 2023 Luminary.
  • Golde was recognized for his significant leadership and continuous efforts to effect change in the insured retirement industry.
  • “It is an honor to receive this award and join the ranks of LUMINARIES recipients,” said Golde.
  • “This award demonstrates the progress Jackson has made to champion retirement security, and I’m proud of the work we’re doing in partnership with others to move the industry forward.

Jackson Study Finds Vast Majority of Investors Inaccurately Predict Life Expectancy, Increasing Risk in Their Retirement Income Plans

Retrieved on: 
Monday, November 13, 2023
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The study is part one of Jackson’s Security in Retirement Series conducted in partnership with the Center for Retirement Research at Boston College.

Key Points: 
  • The study is part one of Jackson’s Security in Retirement Series conducted in partnership with the Center for Retirement Research at Boston College.
  • This multi-phase research effort explores the potential threats to financial security in retirement and how financial professionals and retirement investors can more effectively manage these threats.
  • Jackson’s work with the Center for Retirement Research aims to help retirement investors and financial professionals better navigate financial challenges in this unprecedented era.
  • The study entails comprehensive, academic research focused on the dynamics of the annuity puzzle,5 a phenomenon where retirees, despite sound reasons, do not create guaranteed retirement income streams.

Global Water Resources Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023
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PHOENIX, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the third quarter ended September 30, 2023.

Key Points: 
  • PHOENIX, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the third quarter ended September 30, 2023.
  • “In Q3, we achieved strong double-digit top-line and bottom-line growth,” stated Global Water Resources president and CEO, Ron Fleming.
  • Global Water Resources was founded 20 years ago with a bold mission to address the issue of water scarcity for emerging desert communities.
  • Global Water Resources will hold a conference call tomorrow to discuss its third quarter 2023 results, followed by a question-and-answer period.

Technology-Driven Transformation: How Technology is Simplifying Annuity Comparisons and Expanding Distribution Channels - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 24, 2023
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The distribution of index annuities is also segmented based on distribution channels, with independent agents holding the largest share.

Key Points: 
  • The distribution of index annuities is also segmented based on distribution channels, with independent agents holding the largest share.
  • Buffer variable annuities, offering partial downside protection and participation in market gains, are expected to grow at a significant CAGR.
  • The fixed income variable annuity asset under management (AUM) is projected to grow significantly in the coming years as insurers shift their investment portfolios to mitigate market risks.
  • Increasing Role of Technology: Technology is playing a significant role in simplifying the comparison of annuity products, enhancing transparency, and expanding distribution.