Jackson National Life Insurance Company, the main operating subsidiary of Jackson Financial Inc., will be partnering with JPMorganChase to offer its registered index-linked annuity (RILA), Jackson Market Link Pro II, to the approximately 5,000 financial professionals at J.P. Morgan Wealth Management.
“We are proud to expand our partnership with JPMorganChase, a premier firm in the financial services industry, to provide their financial professionals with access to Jackson Market Link Pro II and further support their client needs,” said Greg Masucci, senior vice president of Strategic Relationships at Jackson National Life Distributors LLC., in a statement
Massuci notes an increased adoption of RILAs within portfolios, as more clients seek protection opportunities that can also grow their assets.
“We’re excited J.P. Morgan Wealth Management financial professionals and their clients now have increased access to Jackson’s solutions-oriented team that is focused on delivering exceptional client service,” he added. “I appreciate the collaboration to develop this partnership and look forward to the ways our organizations will work together to help more Americans plan for a secure retirement.”
Those who want to learn more about the firm’s Market Link Pro II can visit the company’s Registered Index-Linked Annuity (RILA) Digital Ecosystem.
The partnership between Jackson and JPMorganChase comes amid a series of collaborations highlighting annuity options, as more consumers open up to guaranteed lifetime income. In October, Corebridge Financial launched its Corebridge MarketLock Annuity, a registered index-linked annuity (RILA) issued by its subsidiary American General Life Insurance Company.