Two pieces of news provide a flicker of hope amid the doom and gloom.
New Challenges Require New Thinking: Investors Can Harness the
Power of Alternative Asset Classes to Reduce Correlations and Improve
LANSING, Mich.--(BUSINESS WIRE)--
Jackson National Life Insurance Company® (Jackson) today
announced the launch of Elite Access, a new investment vehicle designed
to provide the opportunity for greater portfolio diversification1
by utilizing alternative asset classes. Elite Access combines three core
elements ? alternative investments, risk management and tactical
management ? to deliver an innovative approach to addressing market
volatility and capturing the potential for higher returns with less risk.
“Clients are looking for proactive and agile investing strategies that
help offset record market volatility,” said Clifford Jack, head of
retail for Jackson. “Furthermore, the traditional 60/40 portfolio must
evolve to include proper utilization of low-correlated asset classes
such as alternatives. Elite Access delivers a sophisticated, yet
simplified, new approach to portfolio management by coupling
alternatives with guided strategies to help advisers address the rapid
movements of the market and maximize the potential for returns on behalf
of their clients.”
Elite Access features a wide range of investment options and
philosophies, all optimized through the benefits of tax deferral2.
Individual investment options include:
“Elite Access also gives Jackson the opportunity to expand its footprint
and increase its share of the asset management market,” continued Mr.
Jack. “We are committed to our core product lines, and Elite Access is
an innovative offering that allows us to utilize our experience and
expertise to capture flows from additional asset pools.”
Jackson has an established and significant presence in the alternatives
market, and is one of the largest distributors of alternative
investments in the retail adviser market today. Elite Access builds upon
this foundation to offer advisers and investors the option of creating
their own portfolios or leveraging strategies built by leading
third-party managers, including Curian Capital, LLC(Curian®),
BlackRock® and Ivy Investment Management Company.
“At Jackson, we believe that advisers should have the opportunity to
construct client portfolios as they see fit without restriction, or
utilize the expertise of third-party managers who can deliver investing
insights that simplify and support the decision-making process,” said
Mr. Jack. “Elite Access extends our history of providing a wide range of
options that give advisers the choice to implement an approach that best
suits their clients’ individual needs.”
Third-party packaged strategies available within Elite Access include:
To introduce Elite Access to advisers, Jackson will conduct a national,
multi-faceted educational campaign that includes a Web presence (www.Elite-Access.com),
regional seminars, adviser webcasts, training programs, new multimedia
marketing materials and an upgrade to Jackson’s Portfolio Construction
Tool to include alternative asset classes and correlation analysis.
“Training and education are vital components of the Elite Access
rollout,” said Mr. Jack. “Many advisers are seeking ways to incorporate
alternatives within their practices, but remain unclear on how to
effectively utilize these asset classes. Jackson has built a
comprehensive educational program to help advisers as they begin to
explore alternatives, including one-on-one support from one of the
largest wholesaling forces in the annuity industry. Jackson’s
wholesalers have a reputation for providing valuable assistance and will
actively engage representatives on how to use Elite Access to improve
diversification within a client’s portfolio.”
For more information, please call Jackson’s dedicated Elite Access
hotline at 888-690-4799 or visit the Elite Access website at www.Elite-Access.com.
Before investing in variable products, investors should carefully
consider the investment objectives, risks, charges and expenses of the
variable product and its underlying investment options.The
current contract prospectus and underlying fund prospectuses, which are
contained in the same document, provide this and other important
information. Please contact your representative or the Company to obtain
the prospectuses.Please read the prospectuses carefully before
investing or sending money.
BlackRock is a registered trademark of BlackRock, Inc. in the United
About Jackson National Life Insurance Company
With $115.7 billion in assets (IFRS)*, Jackson National Life Insurance
Company (Jackson) is a leading provider of retirement solutions. The
company sells variable, fixed and fixed index annuities, life insurance
and institutional products. Through its affiliates and subsidiaries,
Jackson also provides asset management and retail brokerage services.
Jackson markets its products in 49 states and the District of Columbia
through independent and regional broker-dealers, wirehouses, financial
institutions and independent insurance agents. Jackson’s subsidiary,
Jackson National Life Insurance Company of New York®,
similarly markets products in the state of New York. For more
information, visit www.jackson.com.
*Jackson has $115.7 billion in total IFRS assets and $105.5 billion in
IFRS policy liabilities primarily set aside to pay future policyowner
benefits (as of 6/30/11). International Financial Reporting Standards
(IFRS) is a principles-based set of international accounting standards
indicating how transactions and other events should be reported in
financial statements. IFRS is issued by the International Accounting
Standards Board in an effort to increase global comparability of
financial statements and results. IFRS is used by Jackson’s parent,
Prudential plc, to report the Group’s financial results.
Elite Access Fixed and Variable Annuity (VA650, VA 660) is issued by
Jackson National Life Insurance Company (Home Office: Lansing, Michigan)
and in New York (VA650NY, VA 660NY) 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 available in all states, and state variations
apply. This product has limitations and restrictions, including
withdrawal charges and excess interest adjustments (interest rate
adjustments in New York) where applicable.
Jackson issues other variable annuities with similar features, benefits,
limitations and charges. Discuss them with your representative or
contact Jackson for more information.
The subaccounts expect to invest in positions that emphasize
alternatives or non-traditional asset classes or investment strategies,
and as a result, are subject to the risk factors of those asset classes.
Some of those risks include general economic risk, geo-political risk,
commodity price volatility, counterparty and settlement risk, currency
risk, derivatives risk, emerging markets risk, foreign securities risk,
high-yield bond exposure, non-investment grade bond exposure, index
investing risk, industry concentration risk, leveraging risk, market
risk, prepayment risk, liquidity risk, real estate investment risk,
sector risk, short sales risk, temporary defensive positions, and large
Please remember that a Jackson annuity is intended to be a long-term,
tax-deferred vehicle for retirement. An annuity's earnings are taxable
as ordinary income when withdrawn and, if taken before age 59 1/2, may
be subject to a 10% federal tax penalty. Variable annuities involve
investment risks and may lose value.
Curian Capital, LLC is a wholly-owned investment advisor subsidiary of
Jackson National Life Insurance Company. All other companies mentioned
are not affiliated with Jackson National Life Distributors LLC.
Jackson National Life Insurance Company is an indirect subsidiary of
Prudential plc, a company incorporated and with its principal place of
business in the United Kingdom. Prudential plc and its affiliated
companies constitute one of the world's leading financial service
groups. It provides insurance and financial services directly and
through its subsidiaries and affiliates throughout the world. It has
been in existence for over 160 years and had $560 billion in assets
under management as of June 30, 2011. Prudential plc is not affiliated
in any manner with Prudential Financial, Inc., a company whose principal
place of business is in the United States of America.
Jackson National Life Insurance CompanyCorporate CommunicationsAndrew
Silver, (303) firstname.lastname@example.org
Source: Jackson National Life Insurance Company