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Stock impact report

Jackson Adds Guaranteed Minimum Accumulation Benefit to Elite Access® Variable Annuity Suite

Jackson Financial Inc. Class A (JXN) 
Company Research Source: Business Wire
Principal Guard provides the opportunity to pursue growth while protecting the guaranteed amount at the end of a selected term LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today launched Principal Guard, an add-on guaranteed minimum accumulation benefit (GMAB) available for an extra charge in the Elite Access® Suite of variable annuities. The new GMAB offers clients the ability to invest their money with no downside risk through a selected term.2“The addition of Principal Guard to Jackson’s Elite Access Suite positions us to better meet the evolving market demand for protection-oriented products,” said Brian Sward, Head of Product Solutions for Jackson National Life Distributors LLC (JNLD), the marketing and distribution business of Jackson. “Through our enhanced digital capabilities, we also provide consumers a user-friendly ecosystem that educates on the variety of featu Show less Read more
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