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Jackson Financial Inc. has introduced two new fixed index annuity products, Jackson Fixed Index Accumulation and Jackson Fixed Index Accumulation Advisory, designed to offer growth potential and retirement savings protection.
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Investment firm QVT Financial LP has issued a report questioning the solvency of Jackson Financial's subsidiary, Brooke Life Reinsurance Co., and alleging potential overstatement of adjusted operating earnings.
Barclays analyst Alex Scott maintains Jackson Financial (NYSE:JXN) with a Overweight and raises the price target from $149 to $150.