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LANSING, Mich.–(Business Phone)–Jackson National Life Insurance Company® (Jackson®), the principal operating subsidiary of Jackson Financial Inc. (NYSE: JXN), held its Regulatory and Compliance Council on October 27-28, 2022 in Washington, DC. distribution, regulatory and compliance leadership in Jackson and others. more than 20 distribution partner firms. Participants were of the same opinion that financial solutions can become an important part of a client’s wealth management portfolio, and contribute to creating greater synergy between transporters and professionals to increasing access to annuities.
The main points from the top are:
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As a leading distributor of commercial real estate in the US and one of the largest distribution networks, Jackson plays an important role in unifying the industry to help Americans achieve better retirement outcomes.
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The pace of regulatory change in the annuity industry does not slow down, giving Jackson the opportunity to better understand the needs of his distributor partners to implement these changes.
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Educational resources clearly demonstrate the value of the various numbers required by financial professionals. By reducing complexity, financial professionals can more easily understand that these products can help consumers reach their financial goals.
“This event is an important step in our work with distribution partners to ensure that Jackson’s income products are available to financial professionals who seek to provide their clients with the best possible retirement planning experience. , “said Scott Golde, senior vice president and chief legal officer, Jackson.”Together, we can ensure that clients receive the greatest benefits Jacksonville can provide, such as the opportunity to grow retirement assets and earn income for life. We have encouraged progress in a short period of time by sharing ideas and best practices and look forward to continuing these important discussions to help us make changes in our industry.
The two-day conference was held at the Willard Hotel in Washington DC. A wide range of topics were covered including the regulatory environment, including requests from the SEC, governments and the NAIC; the continued integration of fintech platforms and annuities; and knowledge of cost and risk management through product design.
“As someone who has seen the positive effects that improved cooperation and collaboration can have between industry leaders and managers, I was happy to share some of my thoughts with those in attendance. to the event, “said Michael Piwowar, chairman and former commissioner of the US Securities and Exchange Commission. “Events like this are important for the annual industry to tackle important issues, and I’m happy to lend my voice in support of this effort.”
“This event is the result of strong collaboration between our distribution, legal and compliance teams working closely with executive leadership,” said Greg Masucci, senior vice president, strategic partnerships, Jackson National Life Distributors LLC.”The productive conversations we were able to have helped us better understand the unique perspectives of our distribution partners and create better visibility across our team as we move forward.
To learn more about Jackson’s efforts to drive better results, visit www.jackson.com.
FOR JACKSON
Jackson® (NYSE: JXN) is committed to helping simplify the complexity of retirement planning—for financial professionals and their clients. Through our wide range of products, financial know-how, history of award-winning service* and proven experience, we strive to reduce the confusion that complicates retirement planning. We take a balanced, long-term approach to serving our stakeholders, including customers, shareholders, distribution partners, employees, managers and community partners. We believe that by informing everyone today, we can help create better results for tomorrow. For more information, visit www.jackson.com.
*SQM (Service Quality Measurement Group) Quality Assurance Program for 2004 and 2006-2021, for the financial services industry. (To achieve world-class certification, 80% or more of the surveyed call-center customers must rate their experience as very satisfactory, the highest rating).
Jackson® is the trade name for Jackson Financial Inc., Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York® (Home Office: Sale, New York).
Before investing, investors should carefully consider the investment objectives, risks, costs and expenses of the variable annuity and its investment options. The current contract overview and underlying financial overviews provide this and other important information. Please contact your financial professional or the Company to obtain references. Please read references before bidding or sending money.
Annuities are long-term, tax-deferred vehicles designed for retirement. Variable annuities involve investment risks that may result in loss of value. Earnings are taxed as ordinary income when distributed. Individuals are subject to an additional 10% tax on withdrawals before age 59½ unless an exception to the tax is met.
Annuities are issued by Jackson National Life Insurance Company in New York by Jackson National Life Insurance Company of New York. Annuities are distributed by Jackson National Life Distributors LLC. May not be available in all states and may vary by state. These products have limitations and restrictions. Contact Jackson for more information.
The guarantees are backed by the claim paying ability of the issuing insurance company.
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