Jackson Launches Perspective AdvisorySM
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"In today's heightened regulatory environment, many of our distribution partners are choosing this type of product to serve their clients who are seeking strategies for retirement planning," Cicotte said. "At Jackson, we have always believed commissions and fees can coexist in this space, and the launch of Perspective Advisory is a step toward making that a reality. While we continue to view commission-based products as a client-friendly way to reap the benefits variable annuities provide, we also recognize the need and demand for fee-based products."
Perspective Advisory's key features include: Compensation structure: Advisor compensation is fee-based, rather than commission-based. Product cost: Contract charge of 0.30 percent annually for mortality, expense and administration costs. Surrender period: Three-year withdrawal charge schedule of 2 percent, 2 percent, 1 percent and 0 percent. Investment freedom: More than 90 investment options are available, offering access to world-class money managers and the flexibility to design a portfolio that meets consumers' unique investing needs. Product guarantees: A full suite of optional living and death benefits are available at an additional charge, designed to provide the opportunity to grow retirement assets and obtain guaranteed income for life.
"The launch of Perspective Advisory fosters the opportunity to expand our presence in the industry and work with advisors who may be new to Jackson," said
Jackson is committed to providing education, service support and digital tools to increase the ease of doing business through a new product offering. Financial professionals who would like to learn more about Perspective Advisory can contact Jackson at 800/711-JNLD (5653) or visit www.jackson.com. About Jackson National Life Insurance Company Jackson is a leading provider of retirement products for industry professionals and their clients. The company offers a diverse range of products including variable, fixed and fixed index annuities designed for tax-efficient accumulation and distribution of retirement income for retail customers, and fixed income products for institutional investors. Jackson subsidiaries and affiliates provide specialized asset management and retail brokerage services. With
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