Jackson Leads in Alternative Investments Education for Financial Advisors, with Even More Planned for 2013
More than 400 educational events held in 2012, including a training series attended by nearly 8,000 advisors
LANSING, Mich.--(BUSINESS WIRE)-- Jackson National Life Insurance Company® (Jackson®), a leading provider of retirement solutions with assets of $129.9 billion, announced today an extensive list of alternative investments training opportunities for financial advisors in 2013 with a focus on understanding alternative asset classes. With more than 400 educational events held in 2012, Jackson established itself as a leader in alternatives education, a growing area in portfolio planning.
"Although financial advisors continue to seek ways to incorporate alternatives within client portfolios, many are unclear on how to effectively utilize these asset classes and confidently explain alternatives to their clients," said Clifford Jack, executive vice president and head of retail for Jackson. "At Jackson, we are dedicated to educating representatives on alternative investments so they may help their clients consider new ways to manage risk in their portfolios."
Jackson's alternative investments educational campaign kicked off in March 2012 and includes a microsite (www.elite-access.com), regional seminars, webcasts, training programs, multimedia marketing materials and an upgrade to Jackson's Portfolio Construction Tool to include alternative asset classes and correlation analysis.
In addition, Jackson hosted the following events in 2012:
- 130 Continuing Education courses for more than 3,500 advisors including certifications for State Insurance; Certified Investment Management Analyst (CIMA); Certified Financial Planner (CFP); Chartered Life Underwriter (CLU); and Chartered Financial Consultant (ChFC)
- 115 educational seminars in Q1 attended by nearly 4,000 financial advisors explaining the need for alternatives in an investor's portfolio
- 114 educational seminars in Q3 and Q4 attended by nearly 4,000 financial advisors focusing on how to incorporate alternatives into client portfolios
- Monthly Alternative Investment Conference Calls that provided insight into a particular alternative strategy, explaining the strategy's effectiveness and its impact on a portfolio
- Seven two-day, deep-dive alternative training events for 500 advisors which offered an in-depth look at multiple alternative strategies, portfolio construction and taxation
"Our wholesalers have completed extensive education to make sure they not only understand the options available to investors, but are able to share that with advisors," said Bill Burrow, senior vice president of National Sales Development for Jackson. "With one of the largest wholesaling forces in the industry, we are able to devote substantial resources to answer advisors' questions and ensure they are comfortable with the nuances of the investment options available to them. In addition to our sales force, Jackson utilizes the expertise of our many alternatives-focused money manager partners to extend education even further."
In 2013, Jackson has even more ambitious plans for alternative education training, including:
- 30 regional half-day training events beginning February 26 in Albuquerque, New Mexico
- Six national full-day training sessions beginning in June in Chicago, Dallas, Los Angeles, Miami, New York and San Francisco
- 120 alternative education training sessions, kicking off in May
- 130 alternative investments Continuing Education training sessions throughout the year
- Virtual training seminars
- Quarterly Alternative Market Webcasts
- Monthly Alternative Investment Conference Calls
"The importance of incorporating alternative investing strategies into portfolios has become evident, given continued volatility and increased correlations in the traditional equity market," said Jack. "Utilizing alternative asset classes can help advisors construct counter-correlated portfolios, which helps address market fluctuations and provides the potential for greater returns with less risk."
Advisors who wish to learn more about Jackson and its alternative education programs, or the support offered by the company's wholesaling and marketing teams, can contact Jackson by calling 800-711-JNLD (5653) or visiting www.jackson.com or www.elite-access.com.
About Jackson National Life Insurance Company
With $129.9 billion in assets (IFRS)*, Jackson National Life Insurance Company (Jackson) is a leading provider of retirement solutions. The company sells variable, fixed and fixed index annuities, and institutional products. Through its affiliates and subsidiaries, Jackson also provides asset management and retail brokerage services Jackson markets its products in 49 states and the District of Columbia through independent and regional broker-dealers, wirehouses, financial institutions and independent insurance agents. Jackson's subsidiary, Jackson National Life Insurance Company of New York ® , similarly markets products in the state of New York. For more information, visit www.jackson.com .
*Jackson has $129.9 billion in total IFRS assets and $119.0 billion in IFRS policy liabilities primarily set aside to pay future policy owner benefits (as of 6/30/12).
International Financial Reporting Standards (IFRS) is a principles-based set of international accounting standards indicating how transactions and other events should be reported in financial statements. IFRS is issued by the International Accounting Standards Board in an effort to increase global comparability of financial statements and results. IFRS is used by Jackson's parent company.
Portfolios that have a greater percentage of alternatives may have greater risks, especially those including arbitrage, currency, leveraging, and commodities. This additional risk can offset the benefit of diversification. Although asset allocation among different asset categories generally limits risk and exposure to any one category, the risk remains that management may favor an asset category that performs poorly relative to the other asset categories. Some of those risks include general economic risk, geopolitical risk, commodity-price volatility, counterparty and settlement risk, currency risk, derivatives risk, emerging markets risk, foreign securities risk, high-yield bond exposure, noninvestment-grade bond exposure, index investing risk, industry concentration risk, leveraging risk, market risk, prepayment risk, liquidity risk, real estate investment risk, sector risk, short sales risk, temporary defensive positions, and large cash positions.
Jackson is the marketing name for Jackson National Life Insurance Company®, Jackson National Life Insurance Company of New York® and Jackson National Life Distributors LLC.
Before investing, investors should carefully consider the investment objectives, risks, charges and expenses of the product, including its underlying investment options. The current prospectus provides this and other important information. Please contact your representative or the Company to obtain the prospectus(es). Please read the prospectus(es) carefully before investing or sending money.
Jackson National Life Insurance Company is an indirect subsidiary of Prudential plc, a company incorporated and with its principal place of business in the United Kingdom. Prudential plc and its affiliated companies constitute one of the world's leading financial service groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world. It has been in existence for over 160 years and had more than $560 billion in assets under management as of June 30, 2012. Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.
Jackson National Life Insurance Company
Lori Stafford-Thomas, Director, External Comm.
Phone: (303) 224-7542
KEYWORDS: United States North America Michigan
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