Jackson Financial Inc.

U.S. retirement annuity provider and institutional funding products issuer

What Jackson Financial does

Jackson Financial sells annuities, which are insurance contracts that help people save for retirement and turn their savings into steady income. It also sells investment contracts and funding agreements to institutional buyers. It still manages older blocks of life insurance and annuity policies that it no longer actively sells.

How Jackson Financial makes money

It earns fees on variable and registered index-linked annuities, plus the spread between investment returns on policyholder funds and the amounts it credits or guarantees to customers. Institutional contracts and funding agreements add spread income, and it also earns revenue from investment management services.

Products & services

• Variable annuities
• Fixed index annuities
• Registered index-linked annuities (RILAs)
• Fixed and payout annuities
• Guaranteed investment contracts and funding agreements
• Medium-term funding agreement-backed notes