Jackson National’s Alternative Approach to Variable Annuities

Lauren Roncevic by on Mar 14, 2012

altJackson National recently introduced a new variable annuity product called Elite Access. The firm designed the new annuity product to challenge traditional thinking in portfolio management and address ongoing market volatility.

The Elite Access product focuses on greater portfolio diversification by utilizing alternative asset allocations, such as commodities and futures. Clients are able to create a customized portfolio from a wide variety of traditional and alternative investment options or opt for one of the professionally managed portfolios – Tactical Management, Risk Management and Guidance Portfolio. Unlike other variable annuity products, Elite Access does not offer any living benefits or step-ups.

To support the product launch, Jackson National also rolled out a new Elite Access microsite. The microsite is a comprehensive educational resources containing additional Elite Access product information, marketing materials and videos for prospective clients and advisors.
 
Closing Thoughts
The Elite Access variable annuity features a unique combination of alternative assets, tactical management and tax-deferred earnings to offset risk and optimize returns. Additionally, the packaged investment strategies are an attractive solution particularly for those clients who are unfamiliar with the nature of alternative funds. It will be interesting to observe if any other Annuity Monitor firms follow suit and introduce similar products in 2012.

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Elite Access Microsite