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Jackson Financial JXN Closed Life and Annuity Blocks — Asset-based commission expenses
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Where this comes from
Reported directly by Jackson Financial in its filing.
Tagged under the XBRL concept jxn:AssetBasedCommissionExpense.
The source filing: Jackson Financial’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:22 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001822993-26-000072
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Asset-based commission expenses | $295 | $284 |
| Other commission expenses | 322 | 215 |
| Sub-advisor expenses | 74 | 78 |
| General and administrative expenses (1) | 299 | 259 |
| Deferral of acquisition costs | (255) | (159) |
| Total operating costs and other expenses | $735 | $677 |
Item 1. Financial Statements
FAQ
- What is Jackson Financial's closed life and annuity blocks — asset-based commission expenses?
- Jackson Financial (JXN) reported closed life and annuity blocks — asset-based commission expenses of $0 in Q1 2026.
- What does closed life and annuity blocks — asset-based commission expenses mean?
- The ongoing commission costs paid to distributors or intermediaries that are calculated as a percentage of the assets under management within the closed block. These expenses are typically associated with the maintenance and servicing of existing legacy contracts.
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