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Jackson Launches Elite Access AdvisorySM

DENVER—(BUSINESS WIRE)—

Jackson National Life Insurance Company® (Jackson®) now announced a launch of Elite Access (EA) Advisory, a company’s initial fee-based investment usually non-static payments (IOVA). EA Advisory is a non-static payments designed to raise normal investing with expertly-constructed portfolios, different investment options and taxation advantages.

Greg Cicotte, executive clamp boss and arch placement officer for Jackson, pronounced a launch of EA Advisory broadens a company’s opening into a fee-based space, as this product is a quick supporter to a introduction of Perspective AdvisorySM, Jackson’s initial fee-based non-static annuity, expelled in Sep 2016.

“As advisors and their firms continue to establish how best to approve with a U.S. Department of Labor (DOL) fiduciary rules, we’ve seen increasing marketplace direct for products concordant with fee-based accounts,” Cicotte said. “At Jackson, we’ve always done it a tip priority to support a placement partners and their clients. Our ability to ceaselessly develop a apartment of product offerings allows us to yield flexible, peculiarity options for advisors to some-more effectively control their businesses and accommodate a needs of their clients.”

EA Advisory’s pivotal facilities include:

  • Compensation structure: Advisor remuneration is fee-based, rather than commission-based.
  • Product cost: Contract assign of $10 per month.1 There is no mortality, shortcoming and administration charge.
  • Surrender period: Three-year withdrawal assign report of 2 percent, 2 percent, 1 percent and 0 percent thereafter.
  • Investment freedom: More than 100 investment options are available,offering entrance to world-class income managers and a coherence to pattern a portfolio that meets consumers’ singular investing needs.2
  • Free annual withdrawals: Ability to repel a larger of a contract’s gain or 10 percent of a contract’s remaining reward any year, giveaway of charge.3

In today’s investing environment, advisors face a prolonged list of considerations when recommending products for their clients, pronounced Bill Burrow, inhabitant sales executive of investment usually and advisory non-static annuities for Jackson National Life Distributors LLC (JNLD).

“Market volatility, seductiveness rate uncertainty, taxation burdens and a ever-changing regulatory sourroundings are only a few of a investing hurdles that are benefaction today,” pronounced Burrow. “EA Advisory is designed to residence those challenges, permitting advisors and their clients to ready for all marketplace conditions, conduct their risk toleration and find new expansion opportunities. As a personality in a IOVA space given a launch of Elite Access® in 2012, we’re unapproachable to respect a joining to investment leisure and offer a chronicle of this innovative product that will seductiveness to advisors who cite a fee-based business model.”

Jackson is committed to providing education, use support and digital collection to boost a palliate of doing business by a new product offering. Financial professionals who would like to learn some-more about EA Advisory can hit Jackson during 800/711-JNLD (5653) or revisit www.jackson.com.

About Jackson National Life Insurance Company

Jackson is a heading provider of retirement products for attention professionals and their clients. The association offers a different operation of products including variable, bound and bound index annuities designed for tax-efficient accumulation and placement of retirement income for sell customers, and bound income products for institutional investors. Jackson subsidiaries and affiliates yield specialized item government and sell brokerage services. With $230.4 billion in IFRS assets*, Jackson prides itself on product innovation, sound corporate risk government practices and vital record initiatives. Focused on suspicion care and education, a association develops exclusive research, attention insights and financial deputy training on retirement formulation and choice investment strategies. Jackson is also dedicated to corporate amicable shortcoming and supports charities focused on assisting children and seniors in a communities where a employees live and work. For some-more information, revisit www.jackson.com.

Jackson is a selling name for Jackson National Life Insurance Company (Home Office: Lansing, Michigan), Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York) and Jackson National Life Distributors LLC.

*Jackson has $230.4 billion in sum IFRS resources and $216.5 billion in IFRS process liabilities set aside to compensate essentially destiny policyowner advantages (as of Jun 30, 2016). International Financial Reporting Standards (IFRS) is a principles-based set of general accounting standards for stating financial information. IFRS is released by a International Accounting Standards Board in an bid to boost tellurian comparability of financial statements and results. IFRS is used by Jackson’s primogenitor company.

Jackson National Life Insurance Company is an surreptitious auxiliary of Prudential plc, a association incorporated in England and Wales. Prudential plc and a dependent companies consecrate one of a world’s heading financial services groups. It provides word and financial services by a subsidiaries and affiliates via a world. It has been in existence for over 165 years and has $751.7 billion in resources underneath government (as of Jun 30, 2016). Prudential plc is not dependent in any demeanour with Prudential Financial, Inc., a association whose principal place of business is in a United States of America.

This press recover might enclose certain statements that consecrate “forward-looking statements.” Forward-looking statements embody statements concerning plans, objectives, goals, strategies, destiny events or performance, and underlying assumptions and other statements that are other than statements of chronological facts. However, as with any projection or forecast, forward-looking statements are inherently receptive to a series of risks and uncertainties and tangible formula and events could differ materially from those now being expected as reflected in such forward-looking statements. There can be no declaration that management’s expectations, beliefs or projections will outcome or be achieved or accomplished. Any forward-looking statements simulate Jackson’s views and assumptions as of a date of this press recover and Jackson disclaims any requirement to refurbish forward-looking information.

Before investing, investors should delicately cruise a investment objectives, risks, charges and losses of a non-static payments and a underlying investment options. The stream agreement handbill and underlying account prospectuses, that are contained in a same document, yield this and other critical information. Please hit your deputy or a Company to obtain a prospectuses. Please review a prospectuses delicately before investing or promulgation money.

A non-static payments is a long-term, tax-deferred investment designed for retirement, involves investment risks and might remove value. Earnings are taxable as typical income when distributed and might be theme to a 10% additional taxation if cold before age 59½.

Elite Access Advisory Variable Annuity (ICC16, VA780) is released by Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and in New York (VA780NY) by Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York). Variable annuities are distributed by Jackson National Life Distributors LLC, member FINRA. May not be accessible in all states and state variations might apply. This product has stipulations and restrictions, including withdrawal charges where applicable. Jackson issues other non-static annuities with identical features, benefits, stipulations and charges. Discuss them with your deputy or hit Jackson for some-more information.

Elite Access Fixed and Variable Annuity (VA650, VA660) is released by Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and in New York (VA650NY, VA660NY) by Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York). Variable annuities are distributed by Jackson National Life Distributors LLC, member FINRA. May not be accessible in all states and state variations might apply. This product has stipulations and restrictions, including withdrawal charges and additional seductiveness adjustments (interest rate adjustments in New York) where applicable. Jackson issues other non-static annuities with identical features, benefits, stipulations and charges. Discuss them with your deputy or hit Jackson for some-more information.

The PerspectiveSM Family of Variable Annuities (VA620, VA770) is released by Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and distributed by Jackson National Life Distributors LLC, member FINRA. May not be accessible in all states and state variations might apply. These products have stipulations and restrictions, including probable withdrawal charges, and additional seductiveness adjustments where applicable. Jackson issues other annuities with identical features, benefits, stipulations and charges. Discuss them with your deputy or hit Jackson for some-more information.

1 The Monthly Contract Charge will boost by $2.50 on any fifth Contract Anniversary following a emanate date. Jackson pot a right to relinquish any increase, in a nondiscriminatory manner.

2 Select adult to a limit of 99 investment options and adjust options or allocations adult to 15 times any agreement year but send fees. To forestall violent trade practices, Jackson restricts a magnitude of transfers among non-static investment options, including trade out of and behind into a same subaccount within a 15 day period.

3 Withdrawals that surpass a giveaway withdrawal might be theme to withdrawal charges where applicable, that might revoke a agreement value. Although giveaway withdrawals revoke a agreement value, they do not revoke remaining premium. As a result, we will not accept a advantage of a giveaway withdrawal if we take a full withdrawal. (Not germane in Washington.)

PR2456 01/17

View source chronicle on businesswire.com: http://www.businesswire.com/news/home/20170123005639/en/

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