Wed, May 20, 2009
Thanks to an 81% year-over-year increase in fixed annuity sales, Jackson National Life generated $2.6 billion in annuity sales in the first quarter of 2009, up 8% over the same period in 2008.
Thu, May 21, 2009
The new offering, a group variable annuity called IncomeFlex Target or IFX Target, is designed to be fully automatic. If not exactly a “cradle-to-grave” plan for qualified plan participants, it's potentially a “first-job-to-grave” plan.
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Retirement Income Journal is an online magazine dedicated to writing for and about the industry that has coalesced around the challenge of helping Americans turn their savings into secure lifetime incomes. This industry includes members of the insurance, asset management, banking, pension, structured products, reverse mortgage, information technology, financial planning and academic communities and the professional organizations that serve them.
Send editorial queries to kerry.pechter@retirementincomejournal.com.
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