J

Jackson

Provides annuities and retirement planning guidance

Overview

Jackson focuses on clarifying retirement planning for financial professionals and their clients. It offers a range of annuity products along with financial guidance and streamlined service experiences, backed by a history of award-winning customer service. Jackson aims to help consumers reduce confusion surrounding retirement planning and work with partners to achieve long-term financial outcomes. Compared to competitors, Jackson emphasizes clear guidance, broad support across customers, shareholders, distribution partners, employees, regulators, and community partners, and a long-term, stakeholder-focused approach. The company’s ultimate goal is to help Americans achieve Financial Freedom for Life by delivering clarity and reliable service today.

Significant Headcount Growth

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About Jackson

Simplify's Rating
Why Jackson is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Lansing, MI

Founded

1961

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What believers are saying

  • Q3 2026 adjusted operating EPS hit $7.55, driven by spread income growth.
  • Jackson expects $1.2 billion free capital and $900 million to $1.1 billion returns in 2026.
  • Record Q3 retail annuity sales exceeded $6.5 billion, up 22% year over year.

What critics are saying

  • Brooke Re liquidity pressure rises when markets and rates climb, threatening capital support needs.
  • Jackson disclosed a September 17, 2026 data breach exposing Social Security numbers.
  • A severe variable-annuity market shock can consume capital, force support, and halt buybacks.

What makes Jackson unique

  • Jackson’s 2026 annuity mix shifted toward RILAs, reaching $3 billion in Q3.
  • The November 16, 2026 AARP launch opens direct-to-consumer annuity distribution.
  • Jackson keeps a 524% RBC ratio while returning cash aggressively to shareholders.

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Funding

Total Funding

$4.7B

Above

Industry Average

Funded Over

6 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Flexible Work Hours
  • Professional Development Budget
  • Training Programs

Stock Price

Growth & Insights and Company News

6 month growth

2%

1 year growth

12%

2 year growth

7%
The Markets Daily
Nov 10th, 2026
Jackson Financial Q3 earnings call highlights.

Jackson Financial Q3 earnings call highlights. Jackson Financial (NYSE:JXN) reported third-quarter 2026 adjusted operating earnings of $7.55 per diluted share, as growth in spread-based income and record annuity sales supported results. The company also reaffirmed its full-year capital generation and shareholder return targets. Chief Executive Officer Don Cummings said Jackson is on track to generate $1.2 billion in free capital for the full year and return between $900 million and $1.1 billion to shareholders. Based on progress through September, the company expects capital returns to be at or above the midpoint of that range. During the first nine months of 2026, adjusted operating earnings increased 20%, while free cash flow rose 18% to $850 million, Cummings said. Jackson returned $838 million to shareholders through dividends and share repurchases over that period. Spread-based products drive sales growth. Third-quarter retail annuity sales exceeded $6.5 billion, up 22% from a year earlier and 11% from the second quarter. Spread-based products accounted for 58% of sales, reflecting Jackson's efforts to diversify beyond traditional variable annuities. Sales of registered index-linked annuities, or RILAs, reached a record $3 billion, up 44% year over year. RILA assets under management were nearly $29 billion at quarter-end. Fixed and fixed index annuity sales totaled $796 million, an increase of 79% from the prior-year quarter, Chief Financial Officer Brian Walta said. Strong sales in those categories generated $3.5 billion in non-variable annuity net inflows, up 52% year over year. Total retail annuity net outflows improved for a third consecutive quarter and declined 22% during the first nine months of the year compared with the same period in 2025, Cummings said. Variable annuity surrender rates increased modestly from both the preceding quarter and a year earlier, which management attributed in part to strong equity markets. Walta said investment gains in variable annuity assets exceeded net outflows by more than $2 billion through September, supporting account values and fee income. Pretax adjusted operating earnings were $612 million, or $631 million excluding notable items. On the latter basis, earnings rose 24% year over year but declined slightly from the second quarter, as higher acquisition costs associated with record sales offset growth in fee- and spread-based assets, Walta said. Adjusted operating earnings per share were $7.67 after excluding notable items and normalizing the tax rate to the company's 15% guidance, up 28% from a year earlier. Walta attributed the increase to spread income growth and a lower diluted share count. AARP partnership expands distribution. Jackson has been named the exclusive annuity provider for AARP members and plans to launch the program in 10 states in mid-November, with national availability targeted for the first half of 2027. The program will initially offer a distinct set of fixed and fixed index annuities through a digital-focused, direct-to-consumer platform. Alison Reed, head of distribution for Jackson National Life Distributors, said the company sees the program as a source of incremental growth and may expand its product offerings in the future. Cummings cautioned that the program is early in development and will take time to roll out nationally. Jackson also introduced accumulation-focused fixed index annuities in October and added a cost-of-living adjustment feature to its single premium immediate annuity in September. Capital position and captive reinsurer in focus. Jackson generated $491 million of after-tax statutory capital and $281 million of free capital during the third quarter. Holding company free cash flow was $275 million, up 27% from a year earlier, and capital returned to common shareholders totaled $291 million. Jackson National Life's estimated risk-based capital ratio was 524% at quarter-end, above the company's 425% risk appetite. Total adjusted capital was $5.9 billion, and the holding company ended the quarter with nearly $1.4 billion in cash and investments. Analysts questioned management about Brooke Re, Jackson's Michigan-based captive reinsurer for variable annuity guarantees, including the timing of its hedge settlements and its ability to meet obligations if markets and interest rates continue to rise. Cummings said rising markets and rates can create liquidity pressure at Brooke Re even as they benefit the broader enterprise. He said Jackson has liquidity sources available and would take appropriate action if support for Brooke Re were needed. Walta added that a notable portion of the outstanding reinsurance balance is offset by internal trades associated with Jackson's RILA hedging. Brooke Re's hard assets have increased from the $700 million contributed at formation, Cummings and Walta said, because cumulative fees received have exceeded required settlement payments. Walta said Jackson plans to provide additional detail, including an equity walkthrough, with its year-end results. Asked about regulatory scrutiny of captive insurers, Cummings said Brooke Re and Jackson's Hickory Re captive were authorized under Michigan law and that he does not expect a change in the state's administration to require changes to either structure. Management also said its fourth-quarter review of policyholder behavior assumptions, including lapse rates, remains underway. Walta said the company will disclose the results at year-end and declined to speculate on the financial impact. About Jackson Financial (NYSE:JXN). Jackson Financial Inc is a U.S.-based financial services company focused on helping individuals and institutions pursue retirement security. Through its operating subsidiaries, the company develops and distributes annuity products designed to provide income, investment growth opportunities and protection against certain retirement-related risks. Jackson's offerings include variable annuities, fixed annuities and fixed-indexed annuities, along with related retirement planning solutions.

Yahoo Finance
Nov 3rd, 2026
Jackson Financial misses Q3 revenue estimates at $1.54B, but adjusted EPS beats by 5.9%

Jackson Financial missed Wall Street's revenue forecasts in the third quarter of 2026, though sales still rose 7.5% year on year to $1.54 billion. Analysts had expected $2.06 billion, a 25% miss. Adjusted earnings per share came in at $7.67, 5.9% above the consensus of $7.24. Pre-tax profit was $1 billion. Chief executive officer Don Cummings pointed to record retail annuity sales, up 22% year on year. Jackson was also named exclusive annuity provider for AARP members. The company generated $281 million of free capital and returned $291 million to common shareholders. Shares rose 1.7% to $143.06 after the results, giving Jackson a market value of $9.32 billion.

The Pioneer Group
Nov 3rd, 2026
Jackson Financial: Q3 earnings snapshot.

Jackson Financial: Q3 earnings snapshot. By Associated Press Nov 3, 2026 LANSING, Mich. (AP) - LANSING, Mich. (AP) - Jackson Financial Inc. (JXN) on Tuesday reported profit of $858 million in its third quarter. Watch More This Video Cannot Be Played On a per-share basis, the Lansing, Michigan-based company said it had profit of $12.37. Earnings, adjusted for non-recurring gains, were $7.55 per share. Get Digital Access and Stay Informed With Trusted Local News. The financial services company posted revenue of $1.54 billion in the period. Its adjusted revenue was $2.07 billion. Article continues below this ad Nov 3, 2026

MarketScreener
Nov 2nd, 2026
Jackson announces new annuity offering for AARP members.

Jackson announces new annuity offering for AARP members. Program advances Jackson's growth and diversification strategy, increases access to annuities Published on 11/02/2026 at 09:16 am EST Business Wire Jackson National Life Insurance Company(R)(Jackson(R), the main operating subsidiary of Jackson Financial Inc.[i] (NYSE: JXN), today announced a new annuity program - AARP(R) Annuity Program from Jackson, an exclusive offering created for AARP members. Through the program, AARP members will have access to a distinct set of Jackson annuities and educational resources designed to help support financial security and retirement confidence. The initial launch of the program is expected on November 16, 2026, in 10 states, with broader availability targeted during the first half of 2027. The program advances Jackson's growth and diversification strategy and expands consumer access to annuities. "This program reflects Jackson's continued focus on growth, diversification and meeting consumers where they are in their retirement planning process," said Alison Reed, EVP, Head of Distribution, Jackson National Life Distributors LLC (JNLD), the marketing and distribution business of Jackson. "By providing AARP members access to the program, we have an opportunity to expand access to Jackson's annuity products to consumers who are not yet working with a financial professional, helping more Americans prepare for a financially secure future." "The addition of Jackson's annuity products as an AARP member benefit advances AARP's goal to empower people to choose how they live as they age. Financial security and stability are main concerns for most AARP members as they plan for retirement. The new AARP Annuity Program from Jackson provides a program to help AARP members meet their financial needs in retirement. We are pleased that Jackson is able to offer AARP members an annuity program," said Jeff Gaboury, Senior Vice President of Financial Products, AARP Services. Additional details about the AARP Annuity Program from Jackson, including product availability, member resources and application information, will be announced at the time of the launch. Jackson will offer its products and services available through the AARP Annuity Program from Jackson to AARP members, provided that all applicable state regulations and product requirements are met. ABOUT JACKSON Jackson(R)(NYSE: JXN) is committed to helping clarify the complexity of retirement planning - for financial professionals and their clients. Through our range of annuity products, financial know-how, history of award-winning service* and streamlined experiences, we strive to reduce the confusion that complicates retirement planning. We take a balanced, long-term approach to responsibly serving all our stakeholders, including customers, shareholders, distribution partners, employees, regulators and community partners. We believe by providing clarity for all today, we can help drive better outcomes for tomorrow. For more information, visit www.jackson.com. *SQM (Service Quality Measurement Group) Call Center Awards Program for 2004 and 2006-2025. (Criteria used for Call Center World Class FCR Certification is 80% or higher of customers getting their contact resolved on the first call to the call center (FCR) for three consecutive months or more.) Jackson(R) is the marketing name for Jackson Financial Inc., Jackson National Life Insurance Company(R)(Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York(R)(Home Office: Purchase, New York). ABOUT AARP AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the 125 million Americans 50-plus and their families: health and financial security, and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest-circulation publications: AARP The Magazine and the AARP Bulletin. To learn more, visit aarp.org, aarp.org/espanol or follow @AARP, @AARPLatino and @AARPadvocates on social media. ABOUT AARP SERVICES AARP Services, founded in 1999, is a wholly-owned taxable subsidiary of AARP. AARP Services manages the provider relationships for and performs quality control oversight of the wide range of products and services that carry the AARP name and are made available by independent providers as benefits to AARP's millions of members. The provider offers currently span health products, financial products, travel and leisure products, and life event services. Specific products include Medicare supplemental insurance; credit cards, auto and home, mobile home and motorcycle insurance, life insurance and annuities; member discounts on rental cars, cruises, vacation packages and lodging; special offers on technology and gifts; pharmacy services and legal services. AARP Services also engages in new product development activities for AARP and provides certain consulting services to outside companies. SAFE HARBOR STATEMENT The information in this press release contains forward-looking statements about future events and circumstances and their effects upon revenues, expenses and business opportunities. Generally speaking, any statement in this release not based upon historical fact is a forward-looking statement. Forward-looking statements can also be identified by the use of forward-looking or conditional words, such as "could," "should," "can," "continue," "estimate," "forecast," "intend," "look," "may," "expect," "believe," "anticipate," "plan," "predict," "remain," "future," "confident" and "commit" or similar expressions. In particular, statements regarding plans, strategies, prospects, targets and expectations regarding the business and industry are forward-looking statements. They reflect expectations, are not guarantees of performance and speak only as of the dates the statements are made. We caution investors that these forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those projected, expressed, or implied. Other factors that could cause actual results to differ materially from those in the forward-looking statements include those reflected in Part I, Item 1A. Risk Factors and Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission (the "SEC") on February 24, 2026, and elsewhere in the Company's reports filed with the SEC. Except as required by law, Jackson Financial Inc. does not undertake to update such forward-looking statements. You should not rely unduly on forward-looking statements. GENERAL DISCLOSURES AARP is not affiliated with Jackson. AARP member benefits are provided by third parties, not by AARP or its affiliates. Jackson National Life Insurance Company(R)(Jackson(R) pays a royalty fee to AARP for the use of its intellectual property and AARP's affiliate receives compensation for managing a group marketing program. These fees are used for the general purposes of AARP and its affiliates and are not tied to the sales and/or distribution of Jackson's products. AARP and its affiliates are not acting as, or licensed as, insurance agents, brokers or producers, or an insurer issuing any policies or contracts. AARP and its affiliates do not offer, issue, sell, underwrite, recommend, or endorse the program, the products offered under the program, Jackson, or any of its affiliates. If you have any questions about Jackson or the products available under the program, please contact Jackson at (800) 565-4747 or email [email protected]. | ____________________ | | [i] Jackson National Life Insurance Company is a wholly owned subsidiary of Jackson Financial Inc. Jackson Financial Inc. is a publicly traded company. | View source version on businesswire.com: https://www.businesswire.com/news/home/20261102247231/en/ (C) Business Wire - 2026

Yahoo Finance
Oct 14th, 2026
Jackson Financial elects ex-Voya CFO Don Templin as independent director

Jackson Financial Inc. (NYSE: JXN) has elected Donald C. "Don" Templin as an independent director, the Lansing, Michigan-based company announced on October 14, 2026. He will also sit on the board's Audit and Compensation committees. Templin is a former chief financial officer of Voya Financial. He also held the same role at Marathon Petroleum Corporation. Earlier, he spent 26 years as a certified public accountant at PricewaterhouseCoopers LLC, ending as managing partner of its audit practice in Georgia, Alabama, and Tennessee. In the past 13 years, he has served on three public company boards. "His experience as a financial leader in the insurance and energy industries gives him a deep understanding of complex, highly regulated businesses," said Steve Kandarian, the board's independent chair.

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