LifeYield’s Software Offers Guidance for Incorporating Annuities into Household-Level Portfolios
LifeYield LLC, a leading cloud-based solution that facilitates tax-efficient management of an investor’s entire household portfolio, announced an alliance with Jackson National Life Insurance Company. Jackson will integrate LifeYield’s portfolio management tools into its existing digital toolset. The strategic alliance enables financial professionals who work with Jackson to use LifeYield’s powerful technology suite to quantify the potential benefits of incorporating annuity products in client portfolios.
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“Jackson is proud to work with LifeYield, an industry leader in providing cutting-edge technology tools that enable financial professionals to utilize tax-efficient household management,” said Tim Munsie, senior vice president, Advisory Platform Distribution, Jackson National Life Distributors LLC (JNLD). “As the industry continues to integrate technology within the financial planning process, we recognize the importance of providing the tools financial professionals can use to quantify the potential benefits of incorporating annuities as part of a tax-efficient investment strategy.”
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LifeYield’s simple-to-use tools will provide those who do business with Jackson access to sophisticated technology that is designed to potentially improve investor outcomes through tax-efficient multi-account and product management.
“Clients recognize annuities can be a critical part of their financial picture, particularly when solving for retirement income, and they expect their financial professionals to help them utilize annuities to address the need for income in retirement in a tax-sensitive way,” said Mark Hoffman, CEO of LifeYield. “We worked closely with the Jackson team to create an industry-leading capability that incorporates annuities into LifeYield’s tax-efficient household management tools. With the help of our technology, users of Jackson’s toolset can holistically manage multiple account and product types, while showing the tax efficiency of their strategies in a concrete way.”
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