Prudential Aktie
WKN: 852069 / ISIN: GB0007099541
01.06.2006 15:10:00
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Jackson National Life(R) EVP & Chief Distribution Officer Clifford Jack to Deliver Keynote Address at NAVA Operations & Technology Conference
"The promise of straight through processing has long beendiscussed within the variable annuities industry, and whilesignificant progress has been made, there are several hurdles toovercome before the compliance, operating cost and efficiency benefitsof straight through processing are realized," said Mr. Jack. "I amexcited for the opportunity to discuss these critical business issuesat NAVA's Operations & Technology Conference and look forward toparticipating in a constructive dialogue on the industry's prioritiesmoving forward."
In his address, Mr. Jack will provide both the manufacturer anddistributor perspectives on the potential impact of STP, as well asthe industry challenges that have prevented the broad implementationof processing standards. Mr. Jack will provide the distributorperspective by virtue of his executive responsibilities at JacksonNational Life Distributors, Inc. and National Planning Holdings,Inc.(R), Jackson's independent broker-dealer affiliate.
"Industry-wide STP cannot be accomplished without a strongpartnership between manufacturers and distributors," continued Mr.Jack. "Furthermore, standards development is just the beginning of aproject that must also address issues pertaining to IT security,infrastructure and scale. While the scope of the task is intimidating,STP can ultimately provide significant -- and measurable -- benefitsto manufacturers, distributors, financial advisors and consumers."
For more information on the NAVA Operations & TechnologyConference, please visit www.navanet.org. Reporters interested inspeaking with Mr. Jack about straight through processing can contactAndrew Silver, public relations director for Jackson, at 303-224-7542/ 303-912-3362 or andrew.silver@jnli.com.
About Jackson National Life Insurance Company
With nearly $68 billion in assets (GAAP)(a), Jackson National LifeInsurance Company(R) (Jackson) is an industry leader in the areas offixed, fixed index and variable annuities. The company markets itsproducts in 49 states and the District of Columbia through independentand regional broker-dealers, financial institutions and independentinsurance agents. Jackson's subsidiary, Jackson National LifeInsurance Company of New York(SM), similarly markets products in thestate of New York. Through its affiliates and subsidiaries, Jacksonalso provides asset management and retail brokerage services. For moreinformation, visit www.jnl.com.
(a) As of 12/31/05. Jackson National Life also has more than $60.2billion (GAAP) in policy liabilities set aside primarily to pay futurepolicyowner benefits.
About the National Association for Variable Annuities (NAVA)
NAVA is a non-profit trade association located in suburbanWashington, D.C. NAVA provides a variety of services to the industry,including educational forums, research and conferences aimed atfurthering the development and understanding of fixed and variableannuities, income annuities and variable life insurance. NAVA alsomaintains and supports an educational website for consumers atwww.RetireOnYourTerms.com.

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