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Jackson Financial Inc. - JXN STOCK NEWS

Welcome to our dedicated page for Jackson Financial news (Ticker: JXN), a resource for investors and traders seeking the latest updates and insights on Jackson Financial stock.

Jackson Financial Inc. (JXN) is a prominent financial services company renowned for its comprehensive retirement solutions. Operating under the marketing name Jackson, the company encompasses Jackson National Life Insurance Company® (headquartered in Lansing, Michigan) and Jackson National Life Insurance Company of New York® (headquartered in Purchase, New York). Jackson National Life Distributors LLC, an affiliate, is a leading provider in the annuities market, offering variable, fixed, and fixed index annuities, along with institutional products.

Jackson Financial Inc. aims to help Americans grow and protect their retirement savings and income, enabling them to pursue financial freedom. The company's core business is structured into three primary segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other. Through its subsidiaries and affiliates, Jackson also delivers asset management and retail brokerage services.

Jackson markets its diverse suite of products across 49 states and the District of Columbia via independent and regional broker-dealers, wirehouses, financial institutions, and independent insurance agents. In New York, Jackson National Life Insurance Company of New York manages product distribution.

Recent achievements highlight Jackson's commitment to innovation and customer satisfaction. The company's variable annuities are designed to help retail investors save for and live in retirement, providing flexible options tailored to different financial goals. Current projects include expanding its product offerings and strengthening its digital capabilities to enhance customer experience.

Financially, Jackson Financial Inc. is robust, driven by its diversified business model and strategic partnerships. The company's solid performance is reflected in its stock market presence, symbolized by JXN. For the latest updates and news, visit www.jackson.com.

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PPM America, Inc. (PPM) has been named one of the Best Places to Work in Money Management by Pensions & Investments for the fourth time. The company was selected in the 100 to 499 employee category and was one of 123 companies recognized in the industry overall. PPM's President, CEO, and CIO, Craig Smith, expressed pride in the company's culture and commitment to employee well-being, while Pensions & Investments President and Publisher Nikki Pirrello emphasized the importance of a strong workplace culture in driving the best outcomes in the industry.
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Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc. (NYSE: JXN), has launched a proprietary tax deferral calculator in partnership with FinMason, Inc. The tool aims to help financial professionals illustrate the value of tax-deferred growth across key financial planning lifecycle stages, including accumulation, distribution, and legacy.
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Jackson National Life Insurance Company (NYSE: JXN) has announced a total of $770,000 in grants to nonprofits in Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. This brings the company's total 2023 grant contributions to nearly $1.5 million, supporting initiatives to improve economic opportunities through education, training, housing, and community collaboration. Jackson has a biannual grant program and has contributed over $80 million in grants and matching gifts to nonprofits since 2007.
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Jackson National Life Insurance Company (NYSE: JXN) announces Scott Golde as a ThinkAdvisor Executive Leadership 2023 Luminary, recognized for his leadership and efforts to effect change in the insured retirement industry. Golde is committed to championing retirement security and driving positive change in the industry through balanced regulations and collaboration with distribution partners and legislators.
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Jackson National Life Insurance Company (NYSE: JXN) releases key findings from its study on longevity risk, part of the Security in Retirement Series. The study, conducted in partnership with the Center for Retirement Research at Boston College, explores how retirees and financial professionals perceive retirement risk and the possibility of outliving income. It delves into the dynamics of the annuity puzzle and offers actionable insights. The study found that people underestimate their life expectancy, rely on unreliable predictors, and display recency bias in financial planning. It also revealed that financial professionals predict longer lives than their clients and that there are gender-based differences in retirement preparation and financial behavior.
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Jackson Financial Inc. (NYSE: JXN) announced strong third-quarter 2023 financial results, with net income of $2,762 million and RILA sales hitting $807 million. The company returned $123 million to shareholders and achieved a healthy regulatory capital position. The PR highlights the company's strategic and operational momentum, commitment to diversification, and financial targets for the second year in a row.
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Jackson Financial Inc. (JXN) declares a cash dividend of $0.62 per share of common stock (NYSE: JXN) for Q4 2023 and $0.50 per depositary share (NYSE: JXN PR A), payable on December 14, 2023, and January 2, 2024, respectively.
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Jackson Financial Inc. will announce Q3 2023 financial results on November 8, 2023. Conference call and webcast to review the results will be held on November 9, 2023.
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PPM America promotes Ogechi Nwachukwu to Deputy CIO, Sundeep Mullangi to Head of Fixed Income Research, and Brian Manczak to Head of Insurance Solutions.
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Jackson National Life Insurance Company's Advanced Planning Team has been honored with a 2023 'Wealthies' award in the Insurance Service Category for its personalized support for financial professionals. The team provides valuable knowledge and education for retirement planning and integrating guaranteed income into portfolios.
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FAQ

What is the current stock price of Jackson Financial (JXN)?

The current stock price of Jackson Financial (JXN) is $98.31 as of November 1, 2024.

What is the market cap of Jackson Financial (JXN)?

The market cap of Jackson Financial (JXN) is approximately 7.5B.

What does Jackson Financial Inc. do?

Jackson Financial Inc. provides retirement solutions like variable, fixed, and fixed index annuities, asset management, and retail brokerage services.

Where is Jackson Financial Inc. headquartered?

Jackson Financial Inc. operates under Jackson National Life Insurance Company in Lansing, Michigan, and Jackson National Life Insurance Company of New York in Purchase, New York.

What are the main business segments of Jackson Financial Inc.?

The main business segments are Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other.

How does Jackson Financial Inc. distribute its products?

Jackson markets its products through independent and regional broker-dealers, wirehouses, financial institutions, and independent insurance agents across 49 states and the District of Columbia.

What makes Jackson Financial Inc. stand out in the market?

Jackson stands out due to its comprehensive retirement solutions, innovative annuity products, strong financial performance, and strategic partnerships.

What types of annuities does Jackson Financial Inc. offer?

Jackson offers variable, fixed, and fixed index annuities designed to help investors save for and live in retirement.

Is Jackson Financial Inc. involved in asset management?

Yes, through its subsidiaries and affiliates, Jackson provides asset management and retail brokerage services.

Where can I find more information about Jackson Financial Inc.?

You can visit their official website at www.jackson.com for more details and the latest updates.

What is the stock symbol for Jackson Financial Inc.?

The stock symbol for Jackson Financial Inc. is JXN.

What recent achievements have Jackson Financial Inc. made?

Recent achievements include innovation in annuity products, expansion of product offerings, and enhancements in digital capabilities.

Jackson Financial Inc.

NYSE:JXN

JXN Rankings

JXN Stock Data

7.54B
75.24M
1.24%
94.33%
4.17%
Insurance - Life
Life Insurance
Link
United States of America
LANSING