Jackson Financial Inc. is a leading provider of annuity products to retail investors in the United States, offering a comprehensive suite of solutions to help individuals achieve their retirement goals.
The company operates through three distinct business segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment is focused on providing a range of retirement income and savings products, including variable, fixed index, fixed, and payout annuities, as well as registered index-linked annuities and lifetime income solutions. These products are designed to help individuals build a stable financial foundation for their golden years.
The Institutional Products segment specializes in providing traditional guaranteed investment contracts, funding agreements, and medium-term funding agreement-backed notes to institutional clients. These products are designed to help institutions manage their investment portfolios and mitigate risk.
The Closed Life and Annuity Blocks segment offers a range of protection products, including whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities. This segment also includes a block of group payout annuities, which provides a guaranteed income stream to policyholders.
In addition to its product offerings, Jackson Financial Inc. also provides investment management services to its clients. The company's products are distributed through a vast network of independent broker-dealers, wirehouses, regional broker-dealers, banks, independent registered investment advisors, third-party platforms, and insurance agents, ensuring that its solutions are accessible to a wide range of customers.
With a rich history dating back to 2006, Jackson Financial Inc. is headquartered in Lansing, Michigan, and has undergone significant transformations, including a name change from Brooke (Holdco1) Inc. to Jackson Financial Inc. in July 2020. Today, the company remains committed to its mission of helping individuals achieve financial freedom and security.
For more information about Jackson Financial Inc. and its range of products and services, please visit their website at https://www.jackson.com.