Jackson Financial JXN Closed Life and Annuity Blocks — Sub-advisor expenses

Other segment segments

Similar metrics at other companies

UNMClosed Block — All Other Expenses

$78.25M+28.8%

UNMClosed Block — Benefits, Losses and Expenses

$579.8M+18.4%

BLKSub-advisory and other expense

$71M+51.1%

UNMClosed Block — Interest and Debt Expense

$0—

PRUClosed Block division — Other Operating Expenses

$71.75M-0.3%

UNMClosed Block — Commissions

$15.2M-15.1%

Questions, answered.

What is Jackson Financial's closed life and annuity blocks — sub-advisor expenses?

Jackson Financial (JXN) reported closed life and annuity blocks — sub-advisor expenses of $0 in Q1 2026.

What does closed life and annuity blocks — sub-advisor expenses mean?

Fees paid to third-party investment managers responsible for the day-to-day management of the underlying assets within the closed block segment. These expenses reflect the cost of external expertise required to manage specialized investment portfolios. Tracking these costs is essential for evaluating the net profitability of the segment's investment operations.