RENO, Nev.–(BUSINESS WIRE)–
U-Haul Holding Company (NYSE: UHAL, UHAL.B), the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, plans to report its first quarter fiscal 2026 financial results after the close of market trading on Wednesday, August 6, 2025. The Company is scheduled to conduct its first quarter investor conference call and webcast at 8 a.m. Arizona Time (11 a.m. ET) on Thursday, August 7, 2025.
The conference call and webcast may include forward-looking statements. If you are unable to participate during the live webcast, the call will be archived for one year at investors.uhaul.com.
About U-Haul Holding Company
U-Haul Holding Company is the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company. U-Haul is in the shared use business and was founded on the fundamental philosophy that the division of use and specialization of ownership is good for both U-Haul customers and the environment.
About U-Haul
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 24,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our patented Live Verify technology. Our customers’ patronage has enabled the U-Haul fleet to grow to approximately 192,100 trucks, 137,500 trailers and 39,700 towing devices. U-Haul is the third largest self-storage operator in North America and offers 1,079,000 rentable storage units and 93.7 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul has been recognized repeatedly as a leading “Best for Vets” employer and was recently named one of the 15 Healthiest Workplaces in America.
OLDWICK, N.J.–(BUSINESS WIRE)– AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aaa” (Exceptional) of Teachers Insurance and Annuity Association of America (TIAA) and its wholly owned insurance subsidiary, TIAA-CREF Life Insurance Company (TIAA-CREF Life). TIAA and TIAA-CREF Life collectively are referred to as the TIAA Group. Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IRs) of “aa” (Superior) on TIAA’s surplus notes. The outlook of these Credit Ratings (ratings) is stable. TIAA and TIAA-CREF Life are domiciled in New York, NY. (Please see below for detailed listing of the Long-Term IRs.)
The ratings reflect TIAA Group’s balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, favorable business profile and very strong enterprise risk management.
The ratings reflect TIAA’s continued market-leading position in the higher education and not-for-profit pension marketplaces. TIAA, together with its companion organization, College Retirement Equities Fund (CREF), enjoys significant economies of scale as one of the largest retirement systems in the United States, with assets under management and administration of approximately $1.6 trillion at year-end 2024. TIAA-CREF Life’s primary products include individual annuities, funding agreements and separate account guaranteed interest contracts, which are marketed to customers of TIAA and the public.
The ratings also reflect TIAA Group’s risk-adjusted capitalization, which has continued at the strongest level for its current business and investment risks, as measured by Best’s Capital Adequacy Ratio (BCAR), while continuing to have a diversified investment portfolio with a high degree of liquidity, along with a stable liability structure for a significant portion of its reserves. Risk-adjusted capitalization has been enhanced by TIAA’s very strong operating performance, which has more than offset realized investment losses in recent years. TIAA has significant statutory accounting flexibility to manage its risk-adjusted capital position, including the ability to adjust crediting rates on its large in-force block of general account retirement annuities. TIAA’s 2024 results delivered strong operating performance. Also noted is TIAA’s conservative approach to statutory reserving that further enhances the company’s balance sheet strength. AM Best notes that TIAA’s current adjusted financial and operating leverages remain within targeted levels.
AM Best also views favorably TIAA’s unique long insurance liability structure with low liquidity needs, whereby nearly three-quarters of its general account reserves are not cashable and can only be received as a death benefit, an IRS-required minimum distribution or in the form of a periodic annuity payout. Contract holders may transfer funds from TIAA to CREF or to other employer-approved funding vehicles, but typically in the form of a 10-year annuity payout.
Although AM Best considers TIAA’s investment management capabilities to be strong, its overall investment portfolio has generated modest levels of realized investment losses in recent years, with some continued concern regarding the group’s sizeable increased exposure to real estate assets, including commercial mortgage holdings and an elevated level of Schedule BA assets. TIAA’s mortgage loan portfolio has generally performed historically well, but delinquencies, foreclosures and restructures have continued to increase in the past three years. AM Best notes that there are still potential economic headwinds, despite rising interest rates. Additionally, TIAA’s Nuveen LLC is expected to provide continued additional earnings diversification and add additional scale to TIAA’s business profile going forward.
The following Long-Term IRs have been affirmed with a stable outlook:
Teachers Insurance and Annuity Association of America—
— “aa” (Superior) on $1.05 billion 6.85% surplus notes due Dec. 16, 2039
— “aa” (Superior) on $1.65 billion 4.90% surplus notes due Sept. 15, 2044
— “aa” (Superior) on $2 billion 4.27% surplus notes due May 15, 2047
— “aa” (Superior) on $1.25 billion 3.3% surplus notes due March 15, 2050
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
A North Carolina judge on Tuesday approved the distribution of $318 million to various victims of Greg Lindberg’s financial fraud.
Judge Max O. Cogburn accepted the special master’s report for the proceeds from the sale of the Clanwilliam Group of Companies. Several lawsuits had to be dealt with before the funds could be released, a process handled by the law firm Grier Wright Martinez, serving as special masters.
“Given the impediments to the Clanwilliam closing and fearing the loss of an opportunity to provide meaningful value to Defendant’s victims in the near future,” the parties “worked together to try to find a solution that would allow the Clanwilliam transaction to close,” Cogburn’s order stated.
Clanwilliam is considered a “primary restitution asset,” as identified by the special master. How Lindberg became involved with the company is an example of the complicated web his assets present to authorities.
According to reports in the Irish press, Eli Global, Lindberg’s private equity firm, invested in Helix Health in 2014. This investment led to the creation of Clanwilliam Group. Lindberg served as a director of Triton Financial, which in turn was the sole shareholder of Clanwilliam Headquarters, the entity that owned the Clanwilliam Group name.
In November 2020, a UK-based trust, Clanwilliam Group Trust, was established to take control of Clanwilliam companies. TA Associates Management acquired Clanwilliam via a “$450 million LBO on March 13, 2025,” according to Pitchbook Data.
Clanwilliam “is a developer of healthcare software intended to serve pharmacists, acute hospitals, care homes, and private clinicians of every specialty and national healthcare organization,” Pitchbook reported.
In May 2024, Lindberg was convicted for a second time of attempting to bribe North Carolina Insurance Commissioner Mike Causey. In November, Lindberg pleaded guilty to engineering a $2 billion fraud. His guilty plea on a money laundering conspiracy charge carries a maximum 10-year sentence, the Department of Justice said.
Lindberg is helping the special master to unwind his financial empire to fulfill his restitution obligations.
The full payout
Cogburn’s order authorizes this $318 million payout:
$172,171,598 allocated to the North Carolina Insurance Companies. These entities, which include Southland National Insurance Corp., Colorado Bankers Life Insurance Co., Bankers Life Insurance Co., and Southland National Reinsurance Corp., all owned by Lindberg, were placed in rehabilitation by order of the Superior Court of Wake County, N.C.
$108,195,266 to the Bermuda Insurance Companies. To be allocated as follows (subject to approval of the Bermuda Supreme Court): $80,993,997 for Private Bankers Life and Annuity, $18,868,418 for Northstar Financial Services, $3,714,041 for Omnia, and $4,618,810 for PB Investment Holdings.
$23,520,710 to Vista Life & Casualty Reinsurance Co.
$14,112,426 to the special master. Grier Law is to be paid $245,769.50 and reimbursed for expenses of $1,103.94. Scott Avila and Paladin Management Group, the financial advisor to the special master, is to receive $1,094,108.50 and reimbursed for expenses of $954.35.
Life and annuity insurers continue to pursue an expanded universe of investment options to generate additional portfolio income. Conning’s analysis suggests life and annuity insurers will continue to broaden portfolio strategies into alternative and private assets while maintaining exposure to their traditional fixed-income sources.
Cindy Beaulieu
The life and annuity industry has grown steadily during the past decade (see Figure 1) and Conning expects that trend to continue. Demand for life products continues to rise, supported by higher crediting rates enabled by elevated interest rates. Insurers of all sizes – not just larger firms – are developing more sophisticated, diversified portfolios featuring more alternative, private and less-liquid assets to help ensure they are better prepared to meet growing product demand.
Rising interest rates supporting market growth
Matt Reilly
The 2020 pandemic led to supply-chain challenges and increased fiscal support, resulting in higher inflation and necessitating a strong response from the Federal Reserve. Inflation has since proven stubborn, causing interest rates to remain elevated. Conning believes secular shifts – such as aging populations, rising fiscal deficits driving greater levels of government bond issuance and deglobalization – may continue to keep interest rates high and potentially raise them further.
Higher interest rates have positively impacted life carriers. The North American insurance industry experienced significant expansion in the past decade, achieving annualized premium growth of 6.5% since 2015.
Tail winds – such as higher interest rates, “peak 65,” significant industry capital formation, increased reinsurance capacity and product innovation – should continue to spur industry growth. Conning expects these trends to help grow the industry’s assets, which have risen by 4.7% annualized since 2015 to $5.6 trillion at the end of 2024.
Higher market yields
One key factor driving increased interest in products has been the improved crediting rates provided by life carriers. As illustrated in Figure 2, broader market interest rates were higher between 2015 and 2017 (corporate bonds are our proxy) which supported insurers’ crediting rates. However, as new cash rates fell in the later 2010s, book yields for the industry experienced significant pressure. While not the sole factor, investment income pressures drove many insurers to seek greater yield by broadening their investment options.
Life insurers seek broader asset allocation
No single data point can fully represent the evolving risk appetite of life insurers. However, Figure 3 provides an overview of the industry’s position at three-year intervals over the past decade. Notably, insurers have:
Reduced their exposure to the highest rated bonds (AAA-A).
Continued to expand their mortgage loan allocations.
Increased allocations to Schedule BA assets.
Upon closer examination, we see that the proportion of less liquid assets has grown significantly since 2018. The investment categories listed in Figure 4 have expanded to 38% of the portfolio from 30%. Private placements have experienced the most meaningful growth, to 19% from 13%. Perhaps not surprisingly, the areas of largest growth – mortgage loans and true private placements – typically offer greater yields than securities with similar ratings or similar capital charges.
Alternatives are not just for the largest insurers
While larger insurers have utilized these sectors and asset classes for many years, there is now broader adoption among insurers of all sizes. As Figure 5 shows, the largest companies continue to maintain considerable allocations in these less liquid investment categories. However, many smaller firms have also made notable changes in their allocations in the past five years. The smaller firms’ overall allocation to private placement investments rose to 8% from 2%, and their allocations to both mortgage loans and schedule BA assets grew by an average of 3%. Overall, the total allocations to these investments rose to 20% of their investable assets from 9%.
Greater interest in asset-backed securities
We also note that the industry’s allocations to parts of the asset-backed securities markets, notably esoteric ABS and CLOs, have been growing significantly; allocations to these types of securities grew to 13% of bonds in 2024 from 8% in 2015.
Life carriers have long been significant investors in the private markets. The private markets have grown significantly, with private credit being of particular interest for many life insurers. Some of these allocations are on an insurer’s balance sheets in the form of an LP commitment on schedule BA and a growing number hold a significant portion of the private credit exposure on the balance sheet as an investment-grade security (or securities) with a residual tranche. This would suggest some of the prior numbers pertaining to private assets, might be modestly understated.
Conning expects the life insurance industry to continue to experience significant asset growth and that carriers will look to expand their investment opportunity set. Companies will watch for investments with attractive yield and particularly longer duration options.
We expect growth to continue in private credit, commercial mortgage loans, private placements, CLOs and esoteric asset-backed securities. Additionally, there has been growing interest in other sectors and investments that are less commonly considered. One sector of significant potential growth is infrastructure, where opportunities exist in both debt and equity for insurers to gain exposure to real assets and cash flows. Compared to global insurers, U.S. insurers are under allocated to this sector.
While there are many reasons to be optimistic, several areas warrant caution, including:
Heightened market volatility and uncertainty affecting various investments in an insurer’s portfolio.
Managing increasing exposures to less liquid investments within a comprehensive ALM framework.
A growing portion of assets supporting liabilities which could exhibit significant optionality.
Discussions on potential changes to regulations and capital charges for investments.
Life insurers build for the longer term
Conning believes that greater diversification of insurers’ portfolio strategies is a healthy trend. While the era of low interest rates was a challenge, insurers learned more about the alternative, private and less liquid investment opportunities available. They appear to be putting that knowledge to good use and structuring portfolios that may better serve them in the long term as demand for their products continues to grow.
Interest rates will likely remain elevated for an extended period, which can be a plus for life carriers. However, market tests often appear with little warning and can offer unforeseen investment and ALM challenges. A well-diversified portfolio designed to serve the long-term needs of an insurer’s book of business can be an excellent defense mechanism.
Cindy Beaulieu is a managing director, portfolio manager and chief investment officer of Conning North America, responsible for insurance and institutional pension assets. Contact her at cindy.beaulieu@innfeedback.com.
Matthew Reilly, CFA, is a managing director and head of insurance solutions at Conning North America, responsible for the creation of investment strategies and enterprise solutions for insurance companies. Contact him at matthew.reilly@innfeedback.com.
New web-based initiative offers information and inspiration to help women feel empowered at every stage of their financial journey
BELLEVUE, Wash.–(BUSINESS WIRE)–
Symetra Life Insurance Company, a national provider of life, retirement and employee benefits insurance products, today announced the launch of a new web-based resource dedicated to providing women of all ages with valuable tips and information. Empower Her Future aims to help women navigate their financial journeys, addressing the unique challenges and opportunities they face throughout different life stages.
“Symetra understands that the path to financial freedom can look different for women. With Empower Her Future, we’ve put together some of our best resources, and gathered stories and insights from our own lives to help women tap into their strengths and create the financial future they envision,” said Trinity Parker, senior vice president and chief marketing officer at Symetra.
Women currently control over $10 trillion of U.S. household financial assets. That figure is expected to climb to $30 trillion in the next 3-5 years, and by 2030, women will hold nearly 67 percent of the nation’s wealth.1,2 Yet research consistently indicates that women, despite increasing participation in the economy, often encounter a financial literacy gap and may lack confidence in managing certain financial areas, such as investing and retirement planning.
To help address the knowledge gap, Empower Her Future offers a robust, accessible platform to assist women in building their financial knowledge and confidence. Organized by life stage — “Finding your footing,” “Balancing life and money,” and “Rebuilding or Retiring” — key features include:
Tools and tips to help women assess their financial needs and plan for their goals.
Rotating series of educational articles covering a range of topics, including budgeting and saving, the importance of life insurance, choosing the right benefits at work and retirement planning.
Information on the importance of life insurance in protecting families and securing financial futures.
Personal insights specific to the financial and professional challenges women often face.
“Symetra understands that the path to financial freedom can look different for women. With Empower Her Future, we’ve put together some of our best resources, and gathered stories and insights from our own lives to help women tap into their strengths and create the financial future they envision. Whether they’re just getting started or starting over, we’re here to help women feel empowered every step of the way,” said Trinity Parker, senior vice president and chief marketing officer at Symetra.
Symetra Life Insurance Company is a subsidiary of Symetra Financial Corporation, a diversified financial services company based in Bellevue, Washington. In business since 1957, Symetra provides employee benefits, annuities and life insurance through a national network of benefit consultants, financial institutions, and independent financial professionals and insurance producers. For more information, visit www.symetra.com.
Increasing rates of ‘gray divorce’ present a new risk to retirement.
KEY FINDINGS:
56% of married Americans say that a divorce would derail their financial retirement strategy
34% of divorced Americans say getting a divorce set their retirement plans back
44% of divorced Americans say they have put more thought into their retirement plan because of their divorce
MINNEAPOLIS–(BUSINESS WIRE)–
The majority of married Americans say a divorce would derail their retirement strategy, according to the 2025 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America (Allianz Life).
Even as the national rate of divorce declines slightly, the divorce rate among adults aged 65 and older, often called ‘gray divorce,’ is increasing1. Divorcing near or after retirement presents unique challenges, especially if a couple created a retirement strategy together.
This risk is important to consider as 56% of married Americans say that a divorce would derail their financial retirement strategy. About one in three married boomers (35%) say a divorce would derail their financial retirement strategy, compared to 63% of millennials and 52% of Gen Xers.
Married Hispanic respondents (67%) were more likely than white (56%), Asian/Asian American (49%), and Black/African American (47%) respondents to say that a future divorce would derail their financial retirement strategy.
“No one wants to prepare for a divorce,” says Kelly LaVigne, VP of consumer insights, Allianz Life. “But divorce later in life – especially after retiring – is increasingly common. If you have been planning for retirement as a couple, then splitting up your assets to fund separate retirements can leave you short of achieving your retirement goals.”
Divorce causes more financial stress
Two in five (40%) Americans who have gone through divorce say it derailed their financial retirement strategy and 34% say getting a divorce set their retirement plans back. Still, 44% of divorced Americans say they have put more thought into their retirement plan because of their divorce.
“It may sound cold hearted, but it’s important to consider how a divorce would affect your financial future,” LaVigne says. “Those going through ‘gray divorce’ don’t have the time to rebuild retirement savings on their own. Trying to fund two separate lives, instead of a joint one, can deplete retirement accounts faster than anticipated. They may need to delay their retirement to accumulate more savings and consider additional risk management strategies to ensure their funds can last their lifetime.”
One in three (35%) married Americans worry about not having a financial plan if they get divorced in the future. Younger Americans are more likely to have this concern with 47% of millennials saying they worry about not having a financial plan for a potential future divorce, compared to 37% of Gen Xers and 15% of boomers.
This worry is not trivial. The majority of divorced Americans (54%) say that they have substantially more financial responsibilities after their divorce. With that, 41% say they feel more stressed about their finances since their divorce.
*Allianz Center for the Future of Retirement conducted an online survey, the 2025 Annual Retirement Study in January/February 2025 with a nationally representative sample of 1,000 Respondents age 25+ in the contiguous U.S. with an annual household income of $50k+ (single) / $75k+ (married/partnered) OR investable assets of $150k+. The study also included an additional sample of respondents who identified as Black/African American (400 responses); Hispanic (404 responses); Asian/Asian American (364 responses); Divorced (166).
The Allianz Center for the Future for Retirement produces insights and research as a part of Allianz Life Insurance Company of North America.
The Graying of Divorce: A Half Century of Change, The Journal of Gerontology, 2022.
About Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America (Allianz Life), one of the Ethisphere World’s Most Ethical Companies®, has been trusted since 1896 to help millions of Americans prepare for financial uncertainties and retirement with a variety of innovative risk management solutions. In 2024, Allianz Life provided additional value to its policyholders via distributions of more than $18.6 billion. Allianz Life is a leading provider of fixed index annuities, registered index-linked annuities, and indexed universal life insurance. Additionally, Allianz Investment Management LLC (AllianzIM), a registered investment adviser and wholly owned subsidiary of Allianz Life, offers a suite of exchange-traded funds (ETFs). Allianz Life and AllianzIM are part of Allianz SE, a global leader in the financial services industry with more than 157,000 employees in nearly 70 countries. Allianz Life is a proud sponsor of Allianz Field® in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United.
Aflac employees displayed 15 tons of heart when they took part in Curing Kids Cancer’s 12th annual Fire Truck Pull held in downtown Columbia, South Carolina, to raise funds to support the Gamecocks Curing Kids Cancer Clinic at Prisma Health Children’s Hospital — Midlands.
Each year, Aflac employees join teams honoring or in memory of children with cancer, and they dress according to a special theme chosen by their sponsored child to highlight their favorite things. This year, teams included hippies, princesses, superheroes and cartoon dogs.
Curing Kids Cancer was founded in 2005 by Grainne and Clay Owen to honor their son Killian, who was diagnosed with acute lymphocytic leukemia, which tragically took his life in 2003. Since its first fundraising season, Curing Kids Cancer has raised over $30 million for pediatric cancer research.1
Bob Ruff, senior vice president, Group Voluntary Benefits, attended the event and pulled for one of the four teams sponsored by Aflac employees. He wore a T-shirt featuring a crew of famous toys as he participated in the event and expressed his excitement for Aflac’s partnership with Curing Kids Cancer.
“Aflac and Curing Kids Cancer have an unwavering commitment to help children with cancer, their families and the medical professionals who care for them,” Ruff said. “That’s why Aflac has been a longtime supporter of Curing Kids Cancer and presenting sponsor of the Fire Truck Pull for six years, with nearly $40,000 in funding. We are excited to help advance the mission of Curing Kids Cancer.”
The Fire Truck Pull raised $64,000 for Prisma Health Children’s Hospital — Midlands, which is triple the amount raised at the event last year. Everyone involved in this event were inspired by incredible kids, and the Aflac teams raised $4,730 in total. Team Greyson raised the most with $1,400.
Learn more about Curing Kids Cancer, including upcoming fundraisers, by visiting CuringKidsCancer.org.
Aflac herein means American Family Life Assurance Company and/or American Family Life Assurance Company of New York and/or Continental American Insurance Company and /or Continental American Life Insurance Company.
Aflac WWHQ | 1932 Wynnton Road | Columbus, GA. 31999 Continental American Insurance Company | Columbia, South Carolina
Customized, self-service enhancements include new Product Match Pro tool to help identify which products most closely align with a client’s retirement planning goals
LANSING, Mich.–(BUSINESS WIRE)– Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), recently launched a new digital experience for financial professionals on the company’s website, Jackson.com. The new, easy to navigate section of the website provides personalized content, self-service enhancements, new tools to help educate financial professionals on the Jackson products that best meet their clients’ needs and information on how to find a local Jackson wholesaler for tailored support.
“We’re proud to launch these new enhancements to our site, expanding the ways we are providing industry-leading service to meet the needs of financial professionals and their clients,” said Aileen Herndon, Senior Vice President, Distribution Marketing, Jackson National Life Distributors LLC, the marketing and distribution business of Jackson. “We sought input from financial advisors throughout the site development process, ensuring our updates would meet their needs, reduce pain points and make it easier for them to do business with us. This improved digital experience is designed to provide clarity for advisors and clients, deepening existing relationships and attracting new advisors looking to solve their clients’ needs in retirement.”
The site is accessible from the Jackson.com home page. Visitors can expect a consistent look and feel across the entire website, and continued access to award-winning tools and resources. New tools featured as part of the digital experience include:
Product Match Pro: This tool helps financial professionals identify which Jackson product may best align with a client’s needs by asking a series of retirement goal questions. Based on the responses to those questions, Product Match Pro will show the benefits and features of multiple Jackson products that best align with a client’s needs.
Find Your Wholesaler: Financial professionals who don’t currently have a relationship with a Jackson wholesaler can use this tool to find contact information for a wholesaler in their area who can provide personalized support.
In addition to the new tools, financial professionals will enjoy a personalized experience with tailored journeys based on their profile, client needs and channel, including banks, wirehouses, broker-dealers and RIAs. Financial professionals will also have access to enhanced self-service options including a pending new business tracker and claims initial notice.
Financial professionals who would like to learn more about Jackson’s dedicated financial professionals site can contact the company at 1-800-711-7397, connect with their local wholesaler or explore the financial professional site on Jackson.com at jackson.com/financial-professional.
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) Call Center Awards Program for 2004 and 2006-2024. (Criteria used for Call Center World Class FCR Certification is 80% or higher of customers getting their contact resolved on the first call to the call center (FCR) for 3 consecutive months or more.)
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)
Before investing, investors should carefully consider the investment objectives, risks, charges, and expenses of the variable annuity and its underlying investment options. The current contract prospectus and underlying fund prospectuses provide this and other important information. Please contact your Jackson representative to obtain the prospectuses. Please read the prospectuses carefully before investing or sending money.
Jackson, its distributors, and their respective representatives do not provide tax, accounting, or legal advice. Any tax statements contained herein were not intended to be used and cannot be used for the purpose of avoiding U.S. federal, state, or local tax penalties. Tax laws are complicated and subject to change. Tax results may depend on each taxpayer’s individual set of facts and circumstances. Clients should rely on their own independent advisors as to any tax, accounting, or legal statements made herein.
Guarantees are backed by the claims-paying ability of Jackson National Life Insurance Company or Jackson National Life Insurance Company of New York. For variable annuities, guarantees do not apply to the principal amount or investment performance of a variable annuity’s separate account or its underlying investments. They are not backed by the broker/dealer from which this annuity contract is purchased, by the insurance agency from which this annuity contract is purchased or any affiliate of those entities, and none makes any representation or guarantees regarding the claims-paying ability of Jackson National Life Insurance Company or Jackson National Life Insurance Company of New York.
The Product Match Pro tool does not provide specific recommendations. The tool’s output, or “results”, is for informational purposes only. Each individual client has specific needs, and it is up to a financial professional and their client to understand what product(s) best meets the client’s needs. Additionally, Product Match Pro does not consider the full universe of Jackson annuity products. Jackson offers and issues other annuities with similar features, benefits, limitations and varying charges.
Annuities are long-term, tax-deferred vehicles designed for retirement. Variable annuities and registered index-linked annuities involve investment risks and may lose value. Earnings are taxable as ordinary income when distributed. Individuals may be subject to a 10% additional tax for withdrawals before age 59 ½ unless an exception to the tax is met.
Add-on living benefits are available for an extra charge and may be subject to conditions and limitations and there is no guarantee that an annuity with an add-on living benefit will provide sufficient supplemental retirement income.
Products and features may be limited by state availability, and/or your selling firm’s policies and regulatory requirements (including standard of conduct rules).
1 Jackson National Life Insurance Company is a wholly owned subsidiary of Jackson Financial Inc. Jackson Financial Inc. is a publicly traded company.
