Cornelius, NC – Jan. 14, 2020 – Financial Independence Group (FIG), one of the nation’s largest Field and Insurance Marketing Organizations (FMO & IMO) which supplies products and services to independent financial professionals, today announced a new strategic alliance with Jackson National Life Insurance Company® (“Jackson®”) to bring one of the carrier’s popular advisory annuity products to FIG agents. Effective immediately, FIG will now make available the carrier’s fee-based fixed index annuity (“FIA”), MarketProtector Advisory®.
“We are excited to work with one of the leading annuity providers in the industry to bring one of their products to our network of independent financial professionals,” said Nicholas Ross, Chief Distribution Officer at FIG. “Jackson’s surrender-free MarketProtector Advisory FIA helps risk-adverse consumers seek growth potential with downside protection amid market uncertainty, while providing lasting income and the ability to access their money whenever needed.”
Jackson’s operations team will support FIG financial professionals and their clients with world class service.[1] This team of experts will serve as a powerful compliment to FIG as they work to add value to the independent agents they serve.
“As our industry continues to evolve, Jackson is committed to empowering financial professionals as they address the critical financial needs of their clients and help them prepare for their futures,” said Scott Romine, President, Retirement Solutions Group, Jackson National Life Distributors LLC (JNLD). “Consumers want and need choices, and we are excited to work with FIG to offer independent financial professionals another option to help meet their clients’ diverse retirement needs.”
Jackson and FIG will team up to help financial professionals build and grow their businesses with tools, resources and value-add programs. Financial professionals who would like to learn more about Jackson can visit www.jackson.com/dash.
For more information about this strategic alliance and how FIG will bring Jackson’s product and benefits directly to financial professionals and their clients, please visit www.FIGmarketing.com.
About Financial Independence Group, LLC
FIG has serviced the independent financial professional space nationwide for over 40 years. In addition to being a leading product distributor in the insurance industry, FIG is independently owned and operated with a mission to bring accessible marketing solutions, back office support, and networking opportunities to the independent financial professional.
For more information, please visit www.FIGmarketing.com.
About Jackson
Jackson is a leading provider of retirement products for industry professionals and their clients. The company and its affiliates offer variable, fixed and fixed index annuities designed for tax-efficient growth and distribution of retirement income for retail customers, as well as products for institutional investors. Jackson is a proud founding member and co-chair of the Alliance for Lifetime Income, a nonprofit 501(c)(6) organization formed and supported by 24 of the nation’s financial services organizations to create awareness and educate Americans about the importance of protected lifetime income. With $281.5 billion in IFRS assets*, the company prides itself on sound corporate risk management practices and strategic technology initiatives. Focused on thought leadership and education, Jackson provides industry insights and financial representative training on retirement planning and alternative investment strategies. The company is also dedicated to corporate philanthropy and supports nonprofits focused on strengthening families and creating economic opportunities in the communities where its employees live and work. For more information, visit www.jackson.com.
*Jackson has $281.5 billion in total IFRS assets and $265.7 billion in IFRS policy liabilities set aside to pay primarily future policyowner benefits (as of June 30, 2019). International Financial Reporting Standards (IFRS) is a principles-based set of international accounting standards for reporting financial information. 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 company.
Jackson is an indirect subsidiary of Prudential plc, an Asia-led portfolio of businesses focused on structural growth markets. The business helps individuals to de-risk their lives and deal with their biggest financial concerns through life and health insurance, and retirement and asset management solutions. Prudential plc has 20 million customers (as of June 30, 2019) and is listed on stock exchanges in London, Hong Kong, Singapore and New York. 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.
MarketProtector Advisory Individual Modified Single Premium Deferred Fixed Annuity with Index-Linked Interest Option and Market Value Adjustment (contract form numbers FIA265, ICC19 FIA265) and IncomeAccelerator® (8005, ICC19 8005) with joint option (8006, ICC19 8006) is issued by Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and distributed by Jackson National Life Distributors LLC. This product is a fixed annuity that does not participate in any stock or equity investments and has limitations and restrictions, including market value adjustment. During the Indexed Option Period, the annuity’s cash withdrawal value may be less than the initial premium. Additional premium is permitted in the first contract year. For costs and complete details, contact Jackson. Premium Payments are flexible in the first Contract Year only, subject to Contract minimums and maximums. Subsequent Premiums will remain in a Fixed Account Option until the first Indexed Option Anniversary. No Premium Payments will be accepted after the first Contract Anniversary.
Fixed index annuities are long-term, tax-deferred vehicles designed for retirement. Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn prior to age 59½. IncomeAccelerator is an optional lifetime income benefit available for an additional charge on MarketProtector and MarketProtector Advisory only.
The design of this annuity contract emphasizes the protection of credited interest rather than the maximization of interest rate crediting. Jackson issues other annuities with similar features, benefits, limitations and charges. Discuss them with your representative or contact Jackson for more information. Fixed index annuities may not be suitable for everyone.
Fixed index annuities are also known as fixed annuities with index-linked interest in the contract.
MarketProtector Advisory is not available in California or New York.
Jackson is the marketing name for Jackson National Life Insurance Company.
[1] SQM, Contact Center World Class CX Certification, 2018