Welcome to our dedicated page for Jackson Financial news (Ticker: JXN), a resource for investors and traders seeking the latest updates and insights on Jackson Financial stock.
Jackson Financial Inc (NYSE: JXN) provides investors and retirement planners with essential updates through this comprehensive news resource. Track official announcements, financial disclosures, and strategic developments from one of America's leading providers of retirement solutions.
This centralized hub aggregates all material updates including quarterly earnings reports, product innovations in annuity offerings, leadership changes, and regulatory filings. Users gain efficient access to both recent developments and historical announcements for informed decision-making.
The curated collection spans multiple business segments: Retail Annuities updates on variable and fixed index products, Institutional Solutions developments, and corporate strategy updates from the Closed Blocks division. Content maintains strict focus on factual reporting without speculative analysis.
Bookmark this page for streamlined monitoring of JXN's market position in retirement income solutions. Combine regular visits with professional financial advice to stay informed about annuity product developments and corporate milestones.
Jackson Financial (NYSE: JXN) will be the presenting sponsor of the 2023 Chicago Polar Plunge, benefiting Special Olympics Chicago and Special Children’s Charities. This event, taking place on March 5, 2023, is expected to attract over 4,000 participants. Funds raised will support year-round activities for athletes. Jackson continues to promote disability inclusion through community efforts and its internal Enable Network. The company's commitment to aiding individuals with intellectual disabilities emphasizes its corporate social responsibility.
Jackson National Life Insurance Company (JXN) has awarded over $560,000 to nonprofits in communities where it operates, bringing its total contributions for 2022 to $1,167,000. The grants aim to support various initiatives, including small business resources and hunger alleviation in Lansing, Nashville, and Chicago. Notable recipients include Allen Neighborhood Center, which will receive $50,000 to establish a local business hub, and GraceWorks, awarded $25,000 for food and shelter programs. Since 2017, Jackson has contributed over $75 million in grants and matching gifts.
Jackson Financial Inc. (NYSE: JXN) reported a net income of $1,479 million, or $16.83 per diluted share, for the third quarter of 2022, up from $206 million a year earlier. Adjusted operating earnings fell to $373 million or $4.24 per diluted share, primarily due to lower net investment income and fee income. Annuity sales totaled $3.6 billion, down 25% year-over-year. The company returned $88 million to shareholders and ended the quarter with nearly $800 million in cash and liquid securities. Despite challenges, Jackson expects to meet its capital return targets, estimating a return of $425-$525 million for 2022.
Jackson Financial Inc. (NYSE: JXN) has declared a quarterly cash dividend of
Jackson National Life Insurance Company® recently held its Legal and Compliance Executive Council in Washington, D.C., focusing on enhancing annuity distribution collaborations. The two-day event emphasized the importance of regulatory adaptation and effective communication with distribution partners. Key discussions included the future of annuities in wealth management and the necessity for clearer educational materials for financial professionals. Senior executives expressed optimism about driving better retirement planning outcomes through improved partnerships.
Jackson Financial Inc. (NYSE: JXN) has launched a new segment of its Ignite by Jackson program, providing local college students with hands-on IT experience. This program aims to attract young talent to the financial services industry, addressing the retirement of current professionals. Since its inception in 2018, over 150 participants have completed the program, with half moving into full-time roles. The IT segment focuses on practical skills in technology, supporting various teams within the company.
Jackson National Life Insurance Company (Jackson®) has expanded its partnership with Halo Investing to provide registered investment advisors (RIAs) with enhanced fee-based annuity options. Following their initial collaboration in October 2021, the new offerings include exclusive advisory and variable annuities designed to strengthen RIA-client relationships. As retirement risks rise, this initiative aims to simplify access to effective investment solutions for advisors, reflecting Jackson's commitment to the RIA market.
Dev Ganguly, COO of Jackson National Life Insurance Company, has been awarded the ORBIE CIO of the Year by the Michigan Chapter of the InspireCIO Leadership Network. Recognized for technology leadership in the Large Enterprise category, Ganguly's achievements highlight Jackson’s focus on digital transformation to enhance retirement planning access. Under his leadership, the company has implemented an enterprise-wide scaled agile delivery framework and a platform strategy to improve collaboration and integration with partners. The award underscores Jackson’s long-term commitment to clarity in retirement planning.
Jackson Financial Inc. (NYSE: JXN) will report its third quarter financial results for the period ending September 30, 2022, after market close on November 9, 2022. The results will be followed by a conference call and webcast on November 10, 2022, at 10 a.m. ET. Investors can access the press release and financial materials on the company's investor relations website.
Through its annuity products and services, Jackson aims to simplify retirement planning for financial professionals and their clients. More information is available at www.jackson.com.
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