Jackson National Life Insurance Company® (Jackson®), the main
operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today
announced plans to add a selection of its annuity solutions to
SIMON from iCapital’s2 insurtech platform. By integrating its
product offerings with SIMON from iCapital’s marketplace, Jackson
will provide wealth management firms with increased access to its
suite of annuities and product education tools, giving financial
professionals increased flexibility as they support the evolving
portfolio needs of their clients.
Jackson’s suite of registered index-linked annuity (RILA)
products — Jackson Market Link ProSM and Jackson Market Link Pro
AdvisorySM — are now available on SIMON from iCapital’s
marketplace. Additional Jackson product offerings will be added to
the marketplace by the end of March 2023.
“As one of the leading annuity providers in the U.S., we’re
excited to be integrating with SIMON from iCapital’s annuities
platform, which will further increase financial professionals’
access to our spectrum of retirement products,” said Tim Munsie,
Head of RIA Platform Distribution and Planning, Jackson National
Life Distributors LLC. “This announcement represents another step
in our mission to help simplify retirement planning by making it
easier for financial professionals to incorporate annuities as part
of a holistic portfolio and serve their clients’ retirement income
planning needs.”
With SIMON from iCapital’s platform for annuities, financial
professionals gain centralized access to the tools and resources
they need to analyze marketplace products based on their clients’
unique risk profiles and investment horizons, including the ability
to explore various benefit rider illustrations, leverage powerful
allocation analytics, view fund options and their performance
statistics, and explore the historical performance of allocations
and funds.
“This partnership with Jackson demonstrates our commitment to
creating opportunities for financial professionals to efficiently
access annuity options for their clients through SIMON from
iCapital’s marketplace,” said Scott Beshany, Managing Director and
Head of Annuities Solutions, iCapital Solutions. "We are thrilled
to welcome Jackson as our newest carrier partner and look forward
to supporting the firm as they engage with our platform.”
To learn more about the full suite of Jackson annuities
currently and soon to be available to financial professionals
through SIMON from iCapital’s marketplace, please visit
Jackson.com.
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) Contact Center Awards
Program for 2004 and 2006-2021, for the financial services
industry. (To achieve world-class certification, 80% or more of
call-center customers surveyed must have rated their experience as
very satisfied, the highest rating possible).
ABOUT ICAPITAL
iCapital is the leading global fintech company powering the
world’s alternative investment marketplace. We have transformed how
the wealth management, banking, and asset management industries
facilitate access for clients to private investments, including
equity, credit, real estate, infrastructure, structured
investments, annuities, and risk-managed solutions. We do this
through intuitive, end-to-end technology and supporting services;
education tools and resources; and robust diligence, compliance,
and portfolio analytics capabilities. For more information, visit
icapital.com.
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).
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.
Guarantees are backed by the claims-paying ability of the
issuing insurance company.
The material herein has been provided to you for informational
purposes only by Institutional Capital Network, Inc.
(“iCapital”).
This material is provided for informational purposes only and is
not intended as, and may not be relied on in any manner as legal,
tax or investment advice, a recommendation, or as an offer to sell,
a solicitation of an offer to purchase or a recommendation of any
interest in any fund or security offered by iCapital. You should
consult your personal accounting, tax and legal advisors to
understand the implications of any investment specific to your
personal financial situation. This material does not intend to
address the financial objectives, situation or specific needs of
any individual investor. Alternative investments are complex,
speculative investment vehicles and are not suitable for all
investors.
The information contained herein is an opinion only, as of the
date indicated, and should not be relied upon as the only important
information available. Any prediction, projection or forecast on
the economy, stock market, bond market or the economic trends of
the markets is not necessarily indicative of the future or likely
performance. The information contained herein is subject to change,
incomplete, and may include information and/or data obtained from
third party sources that iCapital believes, but does not guarantee,
to be accurate. iCapital considers this third-party data reliable,
but does not represent that it is accurate, complete and/or up to
date, and it should not be relied on as such. iCapital makes no
representation as to the accuracy or completeness of this material
and accepts no liability for losses arising from the use of the
material presented. No representation or warranty is made by
iCapital as to the reasonableness or completeness of such forward
looking statements or to any other financial information contained
herein.
Alternative investment products and services may be offered
through iCapital Securities, LLC. Structured investment products
and services may be offered through Axio Financial LLC and/or SIMON
Markets LLC. iCapital Securities LLC, Axio Financial LLC, and SIMON
Markets LLC are each a registered broker/dealer, member FINRA and
SIPC, and an affiliate of Institutional Capital Network, Inc.
(“iCapital”). Alaia Capital LLC, an investment adviser registered
with the U.S. Securities and Exchange Commission (“SEC”), acts as a
portfolio consultant to m+ funds and is an affiliate of iCapital.
Outcome Driven Strategies, LLC and Cornerstone Advisory, each an
investment adviser registered with the SEC, provide investment
advisory services for the structured investment separately managed
accounts described herein. Outcome Driven Strategies, LLC is
jointly owned by Axio Advisors LLC and Cornerstone Advisory (not
affiliated with iCapital).
© 2023 Institutional Capital Network, Inc. All Rights
Reserved
1 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.
2 Institutional Capital Network, Inc., and its affiliates
(together, “iCapital Network” or “iCapital”)
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version on businesswire.com: https://www.businesswire.com/news/home/20230216005790/en/
Patrick Rich Jackson patrick.rich@jackson.com
Morgan Miller iCapital via The Neibart Group
icapital@neibartgroup.com
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