STOCK TITAN

Jackson Increases Access to RILA Product through Distribution Partnership with JPMorganChase

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
partnership

Jackson Financial (NYSE: JXN) has announced a strategic partnership with JPMorganChase to distribute its registered index-linked annuity (RILA) product, Jackson Market Link Pro II. The partnership will make the RILA product available to approximately 5,000 financial professionals at J.P. Morgan Wealth Management. This expansion aims to provide more clients with protection opportunities while potentially growing their assets through buffered annuities. The product can be explored through Jackson's RILA Digital Ecosystem, which offers a comprehensive view of how RILAs can fit into clients' financial plans.

Jackson Financial (NYSE: JXN) ha annunciato una partnership strategica con JPMorganChase per distribuire il suo prodotto di annuità indicizzata registrata (RILA), Jackson Market Link Pro II. Questa collaborazione renderà disponibile il prodotto RILA a circa 5.000 professionisti finanziari presso J.P. Morgan Wealth Management. L'espansione mira a fornire a più clienti opportunità di protezione, mentre potenzialmente fa crescere i loro beni attraverso annuità con buffer. Il prodotto può essere esplorato attraverso l'Ecosistema Digitale RILA di Jackson, che offre una visione completa di come le RILA possano integrarsi nei piani finanziari dei clienti.

Jackson Financial (NYSE: JXN) ha anunciado una asociación estratégica con JPMorganChase para distribuir su producto de anualidad indexada registrada (RILA), Jackson Market Link Pro II. Esta asociación hará que el producto RILA esté disponible para aproximadamente 5,000 profesionales financieros en J.P. Morgan Wealth Management. Esta expansión tiene como objetivo proporcionar más oportunidades de protección a los clientes mientras potencialmente crecen sus activos a través de anualidades con buffer. El producto se puede explorar a través del Ecosistema Digital RILA de Jackson, que ofrece una visión integral de cómo las RILA pueden encajar en los planes financieros de los clientes.

Jackson Financial (NYSE: JXN)은 JPMorganChase와의 전략적 파트너십을 발표하여 등록된 지수 연계 연금(RILA) 상품 Jackson Market Link Pro II를 배급합니다. 이 파트너십은 J.P. Morgan Wealth Management의 약 5,000명의 금융 전문가에게 RILA 상품을 제공할 것입니다. 이번 확장은 더 많은 고객에게 보호 기회를 제공하고, 잠재적으로 버퍼 연금을 통해 자산을 성장시키는 것을 목표로 하고 있습니다. 이 제품은 Jackson의 RILA 디지털 생태계를 통해 탐색할 수 있으며, 고객의 재정 계획에 RILA가 어떻게 적합할 수 있는지에 대한 포괄적인 보기를 제공합니다.

Jackson Financial (NYSE: JXN) a annoncé un partenariat stratégique avec JPMorganChase pour distribuer son produit de rente indexée enregistrée (RILA), Jackson Market Link Pro II. Ce partenariat rendra le produit RILA disponible pour environ 5 000 professionnels de la finance chez J.P. Morgan Wealth Management. Cette expansion vise à offrir plus d'opportunités de protection aux clients tout en faisant potentiellement croître leurs actifs grâce à des rentes à tampon. Le produit peut être exploré à travers l'écosystème numérique RILA de Jackson, qui offre une vue d'ensemble de la manière dont les RILA peuvent s'intégrer dans les plans financiers des clients.

Jackson Financial (NYSE: JXN) hat eine strategische Partnerschaft mit JPMorganChase angekündigt, um sein registriertes indexgebundenes Rentenprodukt (RILA), Jackson Market Link Pro II, zu vertreiben. Diese Partnerschaft wird das RILA-Produkt für ungefähr 5.000 Finanzprofessionals bei J.P. Morgan Wealth Management verfügbar machen. Die Expansion zielt darauf ab, mehr Kunden Schutzmöglichkeiten zu bieten und gleichzeitig potenziell ihr Vermögen durch gepufferte Anleihen zu erhöhen. Das Produkt kann über Jacksons RILA Digital Ecosystem erkundet werden, das einen umfassenden Überblick darüber bietet, wie RILAs in die Finanzpläne der Kunden integriert werden können.

Positive
  • Expanded distribution reach to approximately 5,000 new financial professionals
  • Strategic partnership with major financial institution JPMorganChase
  • Enhanced market presence in the growing RILA segment
Negative
  • None.

Insights

The distribution partnership with JPMorganChase marks a significant expansion for Jackson's RILA product reach. Access to JPMorgan's network of 5,000 financial professionals substantially increases the distribution footprint for Jackson Market Link Pro II. This partnership aligns with the growing RILA market trend, as these products continue gaining popularity among investors seeking downside protection with upside potential.

The strategic value of this partnership stems from JPMorgan's position as one of the largest annuity distributors. For Jackson, this represents a substantial growth opportunity in the RILA segment, which has been one of the fastest-growing annuity product categories. The collaboration should drive increased sales volume and market share in the competitive annuity space, potentially boosting Jackson's revenue streams and strengthening its market position.

Jackson Market Link Pro II® now available through one of the largest annuity distributors1

LANSING, Mich.--(BUSINESS WIRE)-- Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.2 (NYSE: JXN), today announced it is partnering with JPMorganChase to offer its registered index-linked annuity (RILA), Jackson Market Link Pro II®, to the approximately 5,000 financial professionals at J.P. Morgan Wealth Management.

“We are proud to expand our partnership with JPMorganChase, a premier firm in the financial services industry, to provide their financial professionals with access to Jackson Market Link Pro II and further support their client needs,” said Greg Masucci, Senior Vice President, Strategic Relationships, Jackson National Life Distributors LLC. “We continue to see increased adoption of RILAs, also referred to as buffered annuities, within portfolios as more clients seek protection opportunities while potentially growing their assets. We’re excited J.P. Morgan Wealth Management financial professionals and their clients now have increased access to Jackson’s solutions-oriented team that is focused on delivering exceptional client service. I appreciate the collaboration to develop this partnership and look forward to the ways our organizations will work together to help more Americans plan for a secure retirement.”

To learn more about Jackson Market Link Pro II, visit the company’s award-winning3 Registered Index-Linked Annuity (RILA) Digital Ecosystem. The RILA Digital Ecosystem is a one-stop-shop illustrating the benefits of RILAs, providing a customized, real-time look at how a RILA could fit within a client’s holistic financial plan.

ABOUT JACKSON

Jackson® (NYSE: JXN) is committed to helping clarify the complexity of retirement planning—for financial professionals and their clients. Through our range of annuity products, financial know-how, history of award-winning service* and streamlined experiences, we strive to reduce the confusion that complicates retirement planning. We take a balanced, long-term approach to responsibly serving all our stakeholders, including customers, shareholders, distribution partners, employees, regulators and community partners. We believe by providing clarity for all today, we can help drive better outcomes for tomorrow. For more information, visit www.jackson.com.

*SQM (Service Quality Measurement Group) Call Center Awards Program for 2004 and 2006-2023. (Criteria used for Call Center World Class FCR Certification is 80% or higher of customers getting their contact resolved on the first call to the call center (FCR) for 3 consecutive months or more.)

Jackson® is the marketing 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: Purchase, New York).

This material is authorized for use only when preceded or accompanied by the current contract prospectus. Before investing, investors should carefully consider the investment objectives and risks of the registered index-linked annuity. This and other important information is contained in the current contract prospectus at Jackson.com/ProspectusJMLP2 for Jackson Market Link Pro II or Jackson.com/ProspectusJMLPA2 for Jackson Market Link Pro Advisory II. Please read the prospectus carefully before investing or sending money.

Guarantees are backed by the claims-paying ability of Jackson National Life Insurance Company. They are not backed by the broker/dealer from which this annuity contract is purchased, by the insurance agency from which this annuity contract is purchased or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of Jackson National Life Insurance Company.

Registered index-linked annuities are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan). Registered index-linked annuities are distributed by Jackson National Life Distributors LLC, member FINRA. These contracts have limitations and restrictions. Jackson issues other annuities with similar features, benefits, limitations, and charges. Discuss them with your financial professional or contact Jackson for more information.

Firm and state variations may apply. Additionally, product may not be available in all states.

1 ISS Market Intelligence, Selling Annuities Through Intermediaries Report, 2024

2 Jackson Financial Inc. is a U.S. holding company and the direct parent of Jackson Holdings LLC (JHLLC). The wholly-owned direct and indirect subsidiaries of JHLLC include Jackson National Life Insurance Company, Brooke Life Insurance Company, PPM America, Inc. and Jackson National Asset Management, LLC.

3 Datos Insights Insurance Technology Impact Award, 2024.

Patrick Rich

patrick.rich@jackson.com

Source: Jackson Financial Inc.

FAQ

What is the new distribution partnership announced by Jackson Financial (JXN)?

Jackson Financial announced a partnership with JPMorganChase to distribute its Jackson Market Link Pro II registered index-linked annuity (RILA) product through J.P. Morgan Wealth Management's network of approximately 5,000 financial professionals.

How many financial professionals will have access to Jackson's (JXN) RILA product through the new partnership?

Approximately 5,000 financial professionals at J.P. Morgan Wealth Management will have access to Jackson's Market Link Pro II RILA product.

What product is Jackson Financial (JXN) making available through JPMorganChase?

Jackson Financial is making its registered index-linked annuity (RILA) product, Jackson Market Link Pro II, available through JPMorganChase.

Jackson Financial Inc.

NYSE:JXN

JXN Rankings

JXN Latest News

JXN Stock Data

6.47B
72.85M
1.26%
94.69%
4.93%
Insurance - Life
Life Insurance
Link
United States of America
LANSING