Jackson Financial - Rising Demand for Retirement Products Significantly Boosts Results!
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Business drivers: Jackson Financial (JXN) is a provider of retirement products, specializing in so-called RILAs (Registered Index-Linked Annuities), which offer investors index-based pension insurance products with capital protection. Additionally, Jackson Financial is active in asset management and as a service provider for institutional investors and banks. On September 18, Jackson Financial increased its share buyback program by $1 billion.
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