ELITE ACCESS BROKERAGE EDITION®
FLEXIBLE PREMIUM FIXED AND VARIABLE DEFERRED ANNUITY
Issued by
Jackson National Life Insurance Company® through
Jackson National Separate Account – I
ELITE ACCESS BROKERAGE EDITION®
FLEXIBLE PREMIUM FIXED AND VARIABLE DEFERRED ANNUITY
Issued by
Jackson National Life Insurance Company of New York® through
JNLNY Separate Account I
This supplement updates the above-referenced prospectuses. Please read and keep it together with your prospectus for future reference. To obtain an additional copy of a prospectus, please contact us at our Annuity Service Center, P.O. Box 30314, Lansing, Michigan, 48909-7814; 1-
800-644-4565;
www.jackson.com (or for contracts issued in New York, please contact us at our Jackson of NY Service Center, P.O. Box 30313, Lansing, Michigan, 48909-7813; 1-
800-599-5651;
www.jackson.com).
1. CHANGES TO THE INVESTMENT DIVISIONS.
► Effective
September 28, 2015, the JNAM Guidance – Equity Income Fund (a
"Previously Offered Fund") merged into the JNL/The Boston Company Equity Income Fund (a
"Currently Offered Fund") and the JNL/Franklin Templeton Natural Resources Fund (a
"Previously Offered Fund") merged into the JNL/BlackRock Natural Resources Fund
(formerly, JNL/BlackRock Commodity Securities Strategy Fund) (a
"Currently Offered Fund").
If you have allocation instructions for future premium payments on file with us, or have existing Dollar Cost Averaging, Dollar Cost Averaging Plus, Earnings Sweep and/or Rebalancing automatic programs, that include an allocation to an Investment Division investing in a Previously Offered Fund, all such allocations prior to our receipt of new allocation instructions from you will be allocated to the Investment Division investing in the corresponding Currently Offered Fund.
If you have Contract Value that was transferred to an Investment Division investing in a Currently Offered Fund as a result of a merger, you may transfer all or a portion of your Contract Value out of such Investment Division into the other investment options available under your contract. If the transfer is completed within 60 days following
September 28, 2015, the transfer will not be assessed a transfer charge or be treated as a transfer for the purpose of determining how many subsequent transfers may be made in a Contract Year without charge.
If you want to change your allocation instructions or make a transfer as described above, and you require descriptions of the other Investment Divisions available under your contract, you can obtain an additional copy of the product prospectus or additional copies of prospectuses for the Funds underlying the Investment Divisions by contacting our Annuity Service Center.
For additional information, please see the Supplement dated
September 28, 2015 for the Jackson Variable Series Trust.
The prospectus is revised as follows:
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a)
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The following disclosure is inserted following the list of Funds located on the back of the front page of the prospectus:
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In addition, the following two Previously Offered Funds merged into the corresponding Currently Offered Funds effective
September 28, 2015:
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Previously Offered Funds
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Currently Offered Funds
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JNAM Guidance – Equity Income Fund
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JNL/The Boston Company Equity Income Fund
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JNL/Franklin Templeton Natural Resources Fund
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JNL/BlackRock Natural Resources Fund
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b)
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All other references to the Previously Offered Funds, along with any corresponding Fund expense or investment objective information, are deleted from the following sections of the prospectus:
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i.
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The list of Funds located on the back of the front page of the prospectus;
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ii.
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The fee table titled "Total Annual Fund Operating Expenses" under the section titled "FEES AND EXPENSES TABLES"; and
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iii.
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The section titled "INVESTMENT DIVISIONS".
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B.
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New Funds, Fund Name Changes, Sub-Adviser Changes, Fund Operating Expenses Changes and Investment Objective Changes
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► New Funds. Effective
September 28, 2015, two new Investment Divisions, which invest respectively in the JNL/DoubleLine Shiller Enhanced CAPE Fund and the JNL Multi-Manager Small Cap Growth Fund, are available.
The prospectus is revised as follows:
The JNL/DoubleLine Shiller Enhanced CAPE Fund and the JNL Multi-Manager Small Cap Growth Fund are added to the Fund list located on the back of the front page of the prospectus under "JNL Series Trust."
► Fund Name Changes. Effective
September 28, 2015, the following Fund names changed. All references in the prospectus to the Prior Fund Names are revised to the corresponding Current Fund Name as follows:
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Prior Fund Name
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Current Fund Name
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JNL/AllianceBernstein Dynamic Asset Allocation Fund
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JNL/AB Dynamic Asset Allocation Fund
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JNL/BlackRock Commodity Securities Strategy Fund
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JNL/BlackRock Natural Resources Fund
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JNL/Franklin Templeton Frontier Markets Fund
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JNL/Mellon Capital Frontier Markets 100 Index Fund
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JNL/Franklin Templeton Small Cap Value Fund
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JNL Multi-Manager Small Cap Value Fund
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► Sub-Adviser Changes. The following sub-adviser changes are effective
September 28, 2015:
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a)
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Mellon Capital Management Corporation replaced Templeton Asset Management Ltd. as the sub-adviser for the JNL/Franklin Templeton Frontier Markets Fund. In connection with the change of sub-adviser, the name of the JNL/Franklin Templeton Frontier Markets Fund changed to the JNL/Mellon Capital Frontier Markets 100 Index Fund.
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b)
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Century Capital Management, LLC, Chicago Equity Partners, LLC, Cooke & Bieler L.P., and Cortina Asset Management, LLC replaced Franklin Advisory Services, LLC as the sub-adviser for the JNL/Franklin Templeton Small Cap Value Fund. In connection with the change of sub-adviser, the name of the JNL/Franklin Templeton Small Cap Value Fund changed to the JNL Multi-Manager Small Cap Value Fund.
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c)
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Ziegler Capital Management, LLC replaced Fiduciary Asset Management, LLC as the sub-adviser for the JNL/FAMCO Flex Core Covered Call Fund. The name of the JNL/FAMCO Flex Core Covered Call Fund did not change in connection with the change of sub-adviser.
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► Fund Operating Expenses Changes. Effective
September 28, 2015, the prospectus is revised as follows:
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a)
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Under the section titled "FEES AND EXPENSES TABLES", the fee table titled "Total Annual Fund Operating Expenses," is revised by: (1) adding the information for the JNL/DoubleLine Shiller Enhanced CAPE Fund and the JNL Multi-Manager Small Cap Growth Fund, (2) revising the fund operating expense information for the JNL/Mellon Capital Frontier Markets 100 Index Fund, and (3) revising footnote A as follows:
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Fund Operating Expenses
(As an annual percentage of each Fund's average daily net assets)
Fund Name
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Management
Fee
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Distribution and/or
Service
(12b-1) Fees
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Other Expenses
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Acquired Fund
Fees and Expenses
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Total Annual Fund Operating Expenses
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JNL Series Trust
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JNL/DoubleLine Shiller Enhanced CAPE
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0.75%
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0.20%
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0.15%G
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0.00%
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1.10%
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JNL Multi-Manager Small Cap Growth
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0.67%
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0.20%
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0.10% F
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0.00%
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0.97%
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Jackson Variable Series Trust
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JNL/Mellon Capital Frontier Markets 100 Index
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0.40%
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0.20% J
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0.20% G,J
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0.00%
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0.80% J
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A |
Fees and expenses at the Master Fund level for Class 1 shares of each respective Fund are as follows: |
JNL/American Funds Growth-Income Fund: Management Fee: 0.27%; Distribution and/or Service (12b-1) Fee: 0%; Other Expenses: 0.02%; Total Annual Portfolio Operating Expenses: 0.29%.
JNL/American Funds International Fund: Management Fee: 0.50%; Distribution and/or Service (12b-1) Fee: 0%; Other Expenses: 0.04%; Total Annual Portfolio Operating Expenses: 0.54%.
JNL/American Funds Global Growth Fund: Management Fee: 0.52%; Distribution and/or Service (12b-1) Fee: 0%; Other Expenses: 0.03%; Total Annual Portfolio Operating Expenses: 0.55%.
JNL/American Funds Growth Fund: Management Fee: 0.33%; Distribution and/or Service (12b-1) Fee: 0%; Other Expenses: 0.02%; Total Annual Portfolio Operating Expenses: 0.35%.
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F |
"Other Expenses" include an Administrative Fee of 0.10% which is payable to JNAM. |
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G |
"Other Expenses" include an Administrative Fee of 0.15% which is payable to JNAM. |
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J |
Administrative fees, Distribution and/or service (12b-1) fees, and/or contractual fee waivers have been restated to reflect changes in the fee rates effective April 27, 2015. |
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b)
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Under the section titled "FEES AND EXPENSES TABLES", in the section titled "Total Annual Fund Operating Expenses", for the JNL/AQR Risk Parity Fund and JNL/PPM America Long Short Credit Fund, a reference to footnote G is added to the column titled "Other Expenses".
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► Investment Objective Changes. Effective
September 28, 2015, the prospectus is revised as follows:
Under the section titled "INVESTMENT DIVISIONS", the brief statements of the corresponding investment objective for the following Funds are revised as follows, whether or not in connection with a name or sub-adviser change or the addition of new Funds:
JNL Series Trust
JNL/AB Dynamic Asset Allocation Fund (formerly, JNL/AllianceBernstein Dynamic Asset Allocation Fund)
Jackson National Asset Management, LLC (and AllianceBernstein L.P.)
Seeks to maximize total return consistent with the determination of reasonable risk and subject to the assets strategy's asset class. The Fund invests in a globally diversified portfolio of equity and debt securities including exchange-traded funds, and other financial instruments, and expects to enter into derivatives transactions. The Fund's neutral weighting, from which it will make its tactical asset allocations, is 70% equity exposure and 30% debt exposure.
JNL/BlackRock Natural Resources Fund (formerly, JNL/BlackRock Commodity Securities Strategy Fund)
Jackson National Asset Management, LLC (and BlackRock Investment Management, LLC)
Seeks long-term capital growth by investing primarily in equity securities of companies with substantial natural resource assets. Under normal circumstances, the Fund will invest at least 80% of its assets in companies with substantial natural resource assets or in securities the value of which is related to the market value of some natural resource asset. The Fund may invest in securities of issuers with any market capitalization. There are no geographic limits on the Fund's investments.
JNL/DoubleLine Shiller Enhanced CAPE Fund
Jackson National Asset Management, LLC (and DoubleLine Capital LP)
Seeks total return (capital appreciation and current income) which exceeds the total return (capital appreciation and current income) in excess of the Shiller Barclays CAPE® US Sector TR USD Index. The Fund will seek to use derivatives, or a combination of derivatives and direct investments to provide a return that tracks closely the performance of the Index. The Fund will also invest in a portfolio of debt securities to provide additional long-term total return.
JNL Multi-Manager Small Cap Growth Fund (formerly, JNL/Eagle SmallCap Equity Fund)
Jackson National Asset Management, LLC (and Granahan Investment Management, Inc., LMCG Investments, LLC, and RS Investment Management Co. LLC)
Seeks long-term capital appreciation by investing, under normal circumstances, at least 80% of its assets in a variety of small cap growth strategies managed by unaffiliated investment managers.
JNL Multi-Manager Small Cap Value Fund (formerly, JNL/Franklin Templeton Small Cap Value Fund)
Jackson National Asset Management, LLC (and Century Capital Management, LLC, Chicago Equity Partners, LLC, Cooke & Bieler L.P., and Cortina Asset Management LLC)
Seeks long-term total return by investing, under normal market conditions, at least 80% of its assets in a variety of small cap value strategies managed by unaffiliated investment managers.
JNL/Mellon Capital Small Cap Index Fund
Jackson National Asset Management, LLC (and Mellon Capital Management Corporation)
Seeks to match the performance of the S&P SmallCap 600 Index and provide long-term growth of capital by investing in equity securities of small- to mid-size domestic companies. The Fund, under normal circumstances, invests at least 80% of its assets in the stocks included in the S&P SmallCap 600 Index in proportion to their market capitalization weighting in the Index.
Jackson Variable Series Trust
JNL/FAMCO Flex Core Covered Call Fund
Jackson National Asset Management, LLC (and Ziegler Capital Management, LLC)
Seeks long-term capital appreciation while reducing the downside risk of equity investments by investing in a portfolio of equity securities and writing (selling) call options on at least 80% of the Fund's total assets. Over a market cycle, the Fund seeks to achieve its objective by investing in a portfolio consisting primarily of large capitalization common stocks of U.S. corporations and U.S. dollar-denominated equity securities of foreign issuers (including American Depositary Receipts ("ADRs")), in each case traded on U.S. securities exchanges, and on an ongoing basis, writing (selling) covered call options.
JNL/Nicholas Convertible Arbitrage Fund
Jackson National Asset Management, LLC (and Nicholas Investment Partners, L.P.)
Seeks absolute return by taking long positions in convertible bonds and short positions in common stock underlying those convertible bonds.
JNL/Mellon Capital Frontier Markets 100 Index Fund (formerly, JNL/Franklin Templeton Frontier Markets Fund)
Jackson National Asset Management, LLC (and Mellon Capital Management Corporation)
Seeks to track the performance of the MSCI Frontier Markets 100 Index, which measures the investment returns of stocks issued by companies in frontier market countries. Under normal market conditions, the Fund invests at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in stocks included in the MSCI Frontier Markets 100 Index (the "Index"), including depositary receipts representing interests in securities included in the Index; which may be in the form of American Depositary receipts ("ADRs"), Global Depositary receipts ("GDRs"), and/or European Depositary receipts ("EDRs").
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C.
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Trademarks, Service Marks, and Related Disclosures
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► Under Appendix A, "Trademarks, Service Marks, and Related Disclosure", the following disclosure is added to the end thereof:
THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND IS NOT SPONSORED, ENDORSED, SOLD OR PROMOTED BY MSCI INC. ("MSCI"), ANY OF ITS AFFILIATES, ANY OF ITS INFORMATION PROVIDERS OR ANY OTHER THIRD PARTY INVOLVED IN, OR RELATED TO, COMPILING, COMPUTING OR CREATING ANY MSCI INDEX (COLLECTIVELY, THE "MSCI PARTIES"). THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES ARE SERVICE MARK(S) OF MSCI OR ITS AFFILIATES AND HAVE BEEN LICENSED FOR USE FOR CERTAIN PURPOSES BY JACKSON NATIONAL ASSET MANAGEMENT, LLC. NONE OF THE MSCI PARTIES MAKES ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, TO THE ISSUER OR OWNERS OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND OR ANY OTHER PERSON OR ENTITY REGARDING THE ADVISABILITY OF INVESTING IN FUNDS GENERALLY OR IN THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND PARTICULARLY OR THE ABILITY OF ANY MSCI INDEX
TO TRACK CORRESPONDING STOCK MARKET PERFORMANCE. MSCI OR ITS AFFILIATES ARE THE LICENSORS OF CERTAIN TRADEMARKS, SERVICE MARKS AND TRADE NAMES AND OF THE MSCI INDEXES WHICH ARE DETERMINED, COMPOSED AND CALCULATED BY MSCI WITHOUT REGARD TO THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND OR THE ISSUER OR OWNERS OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND OR ANY OTHER PERSON OR ENTITY. NONE OF THE MSCI PARTIES HAS ANY OBLIGATION TO TAKE THE NEEDS OF THE ISSUER OR OWNERS OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND OR ANY OTHER PERSON OR ENTITY INTO CONSIDERATION IN DETERMINING, COMPOSING OR CALCULATING THE MSCI INDEXES. NONE OF THE MSCI PARTIES IS RESPONSIBLE FOR OR HAS PARTICIPATED IN THE DETERMINATION OF THE TIMING OF, PRICES AT, OR QUANTITIES OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND TO BE ISSUED OR IN THE DETERMINATION OR CALCULATION OF THE EQUATION BY OR THE CONSIDERATION INTO WHICH THE JNL/MELLON CAPITAL FRONTIER
MARKETS 100 INDEX FUND IS REDEEMABLE. FURTHER, NONE OF THE MSCI PARTIES HAS ANY OBLIGATION OR LIABILITY TO THE ISSUER OR OWNERS OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND OR ANY OTHER PERSON OR ENTITY IN CONNECTION WITH THE ADMINISTRATION, MARKETING OR OFFERING OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND.
ALTHOUGH MSCI SHALL OBTAIN INFORMATION FOR INCLUSION IN OR FOR USE IN THE CALCULATION OF THE MSCI INDEXES FROM SOURCES THAT MSCI CONSIDERS RELIABLE, NONE OF THE MSCI PARTIES WARRANTS OR GUARANTEES THE ORIGINALITY, ACCURACY AND/OR THE COMPLETENESS OF ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. NONE OF THE MSCI PARTIES MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND, OWNERS OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND, OR ANY OTHER PERSON OR ENTITY, FROM THE USE OF ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. NONE OF THE MSCI PARTIES SHALL HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS OR INTERRUPTIONS OF OR IN CONNECTION WITH ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. FURTHER, NONE OF THE MSCI PARTIES MAKES ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND, AND THE MSCI PARTIES HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY AND FITNESS
FOR A PARTICULAR PURPOSE, WITH RESPECT TO EACH MSCI INDEX AND ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL ANY OF THE MSCI PARTIES HAVE ANY LIABILITY FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR ANY OTHER DAMAGES (INCLUDING LOST PROFITS) EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
Barclays Capital Inc. and its affiliates ("Barclays") is not the issuer or producer of JNL/DoubleLine Shiller Enhanced CAPE Fund and Barclays has no responsibilities, obligations or duties to investors in JNL/DoubleLine Shiller Enhanced CAPE Fund. The Shiller Barclays CAPE™ US Sector ER USD Index is a trademark owned by Barclays Bank PLC and licensed for use by JNL Series Trust ("JNLST") as the Issuer of JNL/DoubleLine Shiller Enhanced CAPE Fund. Barclays only relationship with the Issuer in respect of Shiller Barclays CAPE™ US Sector ER USD Index is the licensing of the Shiller Barclays CAPE™ US Sector ER USD Index which is determined, composed and calculated by Barclays without regard to the Issuer or the JNL/DoubleLine Shiller Enhanced CAPE Fund or the owners of the JNL/DoubleLine Shiller Enhanced CAPE Fund. Additionally, JNLST or JNL/DoubleLine Shiller Enhanced CAPE Fund may for itself execute transaction(s) with Barclays in or relating
to the Shiller Barclays CAPE™ US Sector ER USD Index in connection with JNL/DoubleLine Shiller Enhanced CAPE Fund investors acquire JNL/DoubleLine Shiller Enhanced CAPE Fund from JNLST and investors neither acquire any interest in Shiller Barclays CAPE™ US Sector ER USD Index nor enter into any relationship of any kind whatsoever with Barclays upon making an investment in JNL/DoubleLine Shiller Enhanced CAPE Fund. The JNL/DoubleLine Shiller Enhanced CAPE Fund is not sponsored, endorsed, sold or promoted by Barclays. Barclays does not make any representation or warranty, express or implied regarding the advisability of investing in the JNL/DoubleLine Shiller Enhanced CAPE Fund or the advisability of investing in securities generally or the ability of the Shiller Barclays CAPE™ US Sector ER USD Index to track corresponding or relative market performance. Barclays has not passed on the legality or suitability of
the JNL/DoubleLine Shiller Enhanced CAPE Fund with respect to any person or entity. Barclays is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the JNL/DoubleLine Shiller Enhanced CAPE Fund to be issued. Barclays has no obligation to take the needs of the Issuer or the owners of the JNL/DoubleLine Shiller Enhanced CAPE Fund or any other third party into consideration in determining, composing or calculating the Shiller Barclays CAPE™ US Sector ER USD Index Barclays has no obligation or liability in connection with administration, marketing or trading of the JNL/DoubleLine Shiller Enhanced CAPE Fund.
The licensing agreement between JNLST and Barclays is solely for the benefit of JNLST and Barclays and not for the benefit of the owners of the JNL/DoubleLine Shiller Enhanced CAPE Fund, investors or other third parties.
BARCLAYS SHALL HAVE NO LIABILITY TO THE ISSUER, INVESTORS OR TO OTHER THIRD PARTIES FOR THE QUALITY, ACCURACY AND/OR COMPLETENESS OF THE Shiller Barclays CAPE™ US Sector ER USD Index OR ANY DATA INCLUDED THEREIN OR FOR INTERRUPTIONS IN THE DELIVERY OF THE Shiller Barclays CAPE™ US Sector ER USD Index. BARCLAYS MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER, THE INVESTORS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE Shiller Barclays CAPE™ US Sector ER USD Index OR ANY DATA INCLUDED THEREIN. BARCLAYS MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE Shiller Barclays CAPE™ US Sector ER USD Index OR ANY DATA INCLUDED THEREIN. BARCLAYS RESERVES THE RIGHT TO CHANGE THE METHODS OF CALCULATION OR PUBLICATION, OR TO CEASE THE CALCULATION OR PUBLICATION OF THE Shiller Barclays CAPETM
US Sector ER USD Index, AND BARCLAYS SHALL NOT BE LIABLE FOR ANY MISCALCULATION OF OR ANY INCORRECT, DELAYED OR INTERRUPTED PUBLICATION WITH RESPECT TO ANY OF THE Shiller Barclays CAPE™ US Sector ER USD Index BARCLAYS SHALL NOT BE LIABLE FOR ANY DAMAGES, INCLUDING, WITHOUT LIMITATION, ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, OR ANY LOST PROFITS AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH, RESULTING FROM THE USE OF THE Shiller Barclays CAPE™ US Sector ER USD Index OR ANY DATA INCLUDED THEREIN OR WITH RESPECT TO THE JNL/DOUBLELINE SHILLER ENHANCED CAPE FUND.
None of the information supplied by Barclays Bank PLC and used in this publication may be reproduced in any manner without the prior written permission of Barclays Capital, the investment banking division of Barclays Bank PLC. Barclays Bank PLC is registered in England No. 1026167. Registered office 1 Churchill Place London E l 4 5HP.
ELITE ACCESS BROKERAGE EDITION®
Issued By JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK®
Through JNLNY SEPARATE ACCOUNT I
This supplement updates the above-referenced Statement of Additional Information. Please read and keep it together with your copy of the Statement of Additional Information for future reference.
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In the section titled "General Information and History", under the subsection titled "Trademarks, Service Marks, and Related Disclosures", the following disclosure is added to the end thereof: |
THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND IS NOT SPONSORED, ENDORSED, SOLD OR PROMOTED BY MSCI INC. ("MSCI"), ANY OF ITS AFFILIATES, ANY OF ITS INFORMATION PROVIDERS OR ANY OTHER THIRD PARTY INVOLVED IN, OR RELATED TO, COMPILING, COMPUTING OR CREATING ANY MSCI INDEX (COLLECTIVELY, THE "MSCI PARTIES"). THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES ARE SERVICE MARK(S) OF MSCI OR ITS AFFILIATES AND HAVE BEEN LICENSED FOR USE FOR CERTAIN PURPOSES BY JACKSON NATIONAL ASSET MANAGEMENT, LLC. NONE OF THE MSCI PARTIES MAKES ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, TO THE ISSUER OR OWNERS OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND OR ANY OTHER PERSON OR ENTITY REGARDING THE ADVISABILITY OF INVESTING IN FUNDS GENERALLY OR IN THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND PARTICULARLY OR THE ABILITY OF ANY MSCI INDEX
TO TRACK CORRESPONDING STOCK MARKET PERFORMANCE. MSCI OR ITS AFFILIATES ARE THE LICENSORS OF CERTAIN TRADEMARKS, SERVICE MARKS AND TRADE NAMES AND OF THE MSCI INDEXES WHICH ARE DETERMINED, COMPOSED AND CALCULATED BY MSCI WITHOUT REGARD TO THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND OR THE ISSUER OR OWNERS OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND OR ANY OTHER PERSON OR ENTITY. NONE OF THE MSCI PARTIES HAS ANY OBLIGATION TO TAKE THE NEEDS OF THE ISSUER OR OWNERS OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND OR ANY OTHER PERSON OR ENTITY INTO CONSIDERATION IN DETERMINING, COMPOSING OR CALCULATING THE MSCI INDEXES. NONE OF THE MSCI PARTIES IS RESPONSIBLE FOR OR HAS PARTICIPATED IN THE DETERMINATION OF THE TIMING OF, PRICES AT, OR QUANTITIES OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND TO BE ISSUED OR IN THE DETERMINATION OR CALCULATION OF THE EQUATION BY OR THE CONSIDERATION INTO WHICH THE JNL/MELLON CAPITAL FRONTIER
MARKETS 100 INDEX FUND IS REDEEMABLE. FURTHER, NONE OF THE MSCI PARTIES HAS ANY OBLIGATION OR LIABILITY TO THE ISSUER OR OWNERS OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND OR ANY OTHER PERSON OR ENTITY IN CONNECTION WITH THE ADMINISTRATION, MARKETING OR OFFERING OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND.
ALTHOUGH MSCI SHALL OBTAIN INFORMATION FOR INCLUSION IN OR FOR USE IN THE CALCULATION OF THE MSCI INDEXES FROM SOURCES THAT MSCI CONSIDERS RELIABLE, NONE OF THE MSCI PARTIES WARRANTS OR GUARANTEES THE ORIGINALITY, ACCURACY AND/OR THE COMPLETENESS OF ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. NONE OF THE MSCI PARTIES MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND, OWNERS OF THE JNL/MELLON CAPITAL FRONTIER MARKETS 100 INDEX FUND, OR ANY OTHER PERSON OR ENTITY, FROM THE USE OF ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. NONE OF THE MSCI PARTIES SHALL HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS OR INTERRUPTIONS OF OR IN CONNECTION WITH ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. FURTHER, NONE OF THE MSCI PARTIES MAKES ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND, AND THE MSCI PARTIES HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY AND FITNESS
FOR A PARTICULAR PURPOSE, WITH RESPECT TO EACH MSCI INDEX AND ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL ANY OF THE MSCI PARTIES HAVE ANY LIABILITY FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR ANY OTHER DAMAGES (INCLUDING LOST PROFITS) EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
Barclays Capital Inc. and its affiliates ("Barclays") is not the issuer or producer of JNL/DoubleLine Shiller Enhanced CAPE Fund and Barclays has no responsibilities, obligations or duties to investors in JNL/DoubleLine Shiller Enhanced CAPE Fund. The Shiller Barclays CAPE™ US Sector ER USD Index is a trademark owned by Barclays Bank PLC and licensed for use by JNL Series Trust ("JNLST") as the Issuer of JNL/DoubleLine Shiller Enhanced CAPE Fund. Barclays only relationship with the Issuer in respect of Shiller Barclays CAPE™ US Sector ER USD Index is the licensing of the Shiller Barclays CAPE™
US Sector ER USD Index which is determined, composed and calculated by Barclays without regard to the Issuer or the JNL/DoubleLine Shiller Enhanced CAPE Fund or the owners of the JNL/DoubleLine Shiller Enhanced CAPE Fund. Additionally, JNLST or JNL/DoubleLine Shiller Enhanced CAPE Fund may for itself execute transaction(s) with Barclays in or relating to the Shiller Barclays CAPE™ US Sector ER USD Index in connection with JNL/DoubleLine Shiller Enhanced CAPE Fund investors acquire JNL/DoubleLine Shiller Enhanced CAPE Fund from JNLST and investors neither acquire any interest in Shiller Barclays CAPE™ US Sector ER USD Index nor enter into any relationship of any kind whatsoever with Barclays upon making an investment in JNL/DoubleLine Shiller Enhanced CAPE Fund. The JNL/DoubleLine Shiller Enhanced CAPE Fund is not sponsored, endorsed, sold or promoted by Barclays. Barclays does not make any representation or warranty, express or implied regarding the advisability
of investing in the JNL/DoubleLine Shiller Enhanced CAPE Fund or the advisability of investing in securities generally or the ability of the Shiller Barclays CAPE™ US Sector ER USD Index to track corresponding or relative market performance. Barclays has not passed on the legality or suitability of the JNL/DoubleLine Shiller Enhanced CAPE Fund with respect to any person or entity. Barclays is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the JNL/DoubleLine Shiller Enhanced CAPE Fund to be issued. Barclays has no obligation to take the needs of the Issuer or the owners of the JNL/DoubleLine Shiller Enhanced CAPE Fund or any other third party into consideration in determining, composing or calculating the Shiller Barclays CAPE™ US Sector ER USD Index Barclays has no obligation or liability in connection with administration, marketing or trading of the JNL/DoubleLine Shiller Enhanced CAPE Fund.
The licensing agreement between JNLST and Barclays is solely for the benefit of JNLST and Barclays and not for the benefit of the owners of the JNL/DoubleLine Shiller Enhanced CAPE Fund, investors or other third parties.
BARCLAYS SHALL HAVE NO LIABILITY TO THE ISSUER, INVESTORS OR TO OTHER THIRD PARTIES FOR THE QUALITY, ACCURACY AND/OR COMPLETENESS OF THE Shiller Barclays CAPE™ US Sector ER USD Index OR ANY DATA INCLUDED THEREIN OR FOR INTERRUPTIONS IN THE DELIVERY OF THE Shiller Barclays CAPE™ US Sector ER USD Index. BARCLAYS MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER, THE INVESTORS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE Shiller Barclays CAPE™ US Sector ER USD Index OR ANY DATA INCLUDED THEREIN. BARCLAYS MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE Shiller Barclays CAPE™ US Sector ER USD Index OR ANY DATA INCLUDED THEREIN. BARCLAYS RESERVES THE RIGHT TO CHANGE THE METHODS OF CALCULATION OR PUBLICATION, OR TO CEASE THE CALCULATION OR PUBLICATION OF THE Shiller Barclays CAPETM
US Sector ER USD Index, AND BARCLAYS SHALL NOT BE LIABLE FOR ANY MISCALCULATION OF OR ANY INCORRECT, DELAYED OR INTERRUPTED PUBLICATION WITH RESPECT TO ANY OF THE Shiller Barclays CAPE™ US Sector ER USD Index BARCLAYS SHALL NOT BE LIABLE FOR ANY DAMAGES, INCLUDING, WITHOUT LIMITATION, ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, OR ANY LOST PROFITS AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH, RESULTING FROM THE USE OF THE Shiller Barclays CAPE™ US Sector ER USD Index OR ANY DATA INCLUDED THEREIN OR WITH RESPECT TO THE JNL/DOUBLELINE SHILLER ENHANCED CAPE FUND.
None of the information supplied by Barclays Bank PLC and used in this publication may be reproduced in any manner without the prior written permission of Barclays Capital, the investment banking division of Barclays Bank PLC. Barclays Bank PLC is registered in England No. 1026167. Registered office 1 Churchill Place London E l 4 5HP.
| ► |
In the section titled "Additional Tax Information", under the subsection titled "Diversification – Separate Account Investments", the third paragraph is deleted and replaced with the following: |
Jackson of NY intends that each Fund of the JNL Series Trust, JNL Variable Fund LLC, JNL Investors Series Trust, and Jackson Variable Series Trust will be managed by its respective investment adviser in such a manner as to comply with these diversification requirements.
PART C
OTHER INFORMATION
Item 24. Financial Statements and Exhibits
(a) Financial Statements:
(1) Financial statements and schedules included in Part A:
Not Applicable.
(2) Financial statements and schedules included in Part B:
JNLNY Separate Account I:
Report of Independent Registered Public Accounting Firm
Notes to Financial Statements
Jackson National Life Insurance Company of New York:
Report of Independent Registered Public Accounting Firm
Consolidated Statements of Stockholder's Equity and Comprehensive Income for the years ended
Notes to Consolidated Financial Statements
(b) Exhibits
No.
3.
4.
|
a.
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Form of Individual Deferred Variable and Fixed Annuity Contract, incorporated herein by referenced to Registrant's Registration Statement, filed on December 20, 2013 (File Nos. 333-192972 and 811-08401). |
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b.
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Form of Individual Deferred Variable Annuity Contract, incorporated herein by referenced to Registrant's Registration Statement, filed on December 20, 2013 (File Nos. 333-192972 and 811-08401). |
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g.
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Form of Individual Retirement Annuity Endorsement (7715NY), incorporated herein by referenced to Registrant's Registration Statement, filed on December 20, 2013 (File Nos. 333-192972 and 811-08401). |
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h.
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Form of Roth Individual Retirement Annuity Endorsement (7716NY), incorporated herein by referenced to Registrant's Registration Statement, filed on December 20, 2013 (File Nos. 333-192972 and 811-08401). |
5.
| e. |
Form of the Elite Access Brokerage Edition Individual Variable and Fixed Annuity Application (NV7873 09/15), attached hereto. |
6.
| 9. |
Opinion and Consent of Counsel, attached hereto. |
| 10. |
Consent of Independent Registered Public Accounting Firm, attached hereto. |
Item 25. Directors and Officers of the Depositor
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Name and Principal Business Address
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Positions and Offices with Depositor
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Director
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4A Rivermere Apartments
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Director
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20434 Crestview Drive
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Director
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200 Manor Road
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Director
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220 West Congress
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Director
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1640 Haslett Road, Suite 160
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Richard D. Ash
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Senior Vice President, Chief Actuary & Appointed
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1 Corporate Way
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Actuary
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Savvas (Steve) P. Binioris
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Senior Vice President
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1 Corporate Way
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Michele M. Binkley
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Vice President
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1 Corporate Way
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Dennis A. Blue
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Vice President
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1 Corporate Way
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Barrett M. Bonemer
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Vice President
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1 Corporate Way
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Pamela L. Bottles
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Vice President
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1 Corporate Way
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Senior Vice President, General Counsel & Secretary
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1 Corporate Way
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David L. Bowers
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Vice President
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300 Innovation Drive
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Vice President & Director
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1 Corporate Way
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Executive Vice President, Head of U.S. Wealth Management and
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7601 Technology Way
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Distribution & Director
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Vice President, Deputy Chief Risk Officer & Director
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1 Corporate Way
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Senior Vice President, Controller, Treasurer & Director
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1 Corporate Way
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James B. Croom
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Vice President
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1 Corporate Way
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William T. Devanney
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Vice President
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1 Corporate Way
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Charles F. Field, Jr.
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Vice President
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300 Innovation Drive
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Dana R. Malesky Flegler
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Vice President
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1 Corporate Way
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| Lisa I. Fox |
Vice President |
| 300 Innovation Drive |
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| Franklin, TN 37067 |
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Devkumar D. Ganguly
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Vice President
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1 Corporate Way
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Julia A. Goatley
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Senior Vice President, Chief Compliance & Governance Officer &
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1 Corporate Way
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Assistant Secretary
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Guillermo E. Guerra
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Vice President
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1 Corporate Way
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Robert W. Hajdu
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Vice President
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1 Corporate Way
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Vice President & Director
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1 Corporate Way
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Robert L. Hill
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Vice President
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1 Corporate Way
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Thomas P. Hyatte
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Senior Vice President & Chief Risk Officer
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1 Corporate Way
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Thomas A. Janda
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Vice President
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1 Corporate Way
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Scott F. Klus
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Vice President
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1 Corporate Way
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Toni L. Klus
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Vice President
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1 Corporate Way
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Richard C. Liphardt
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Vice President
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1 Corporate Way
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Chief Administrative Officer & Director
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275 Grove Street
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Building #2
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4th floor
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Machelle A. McAdory
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Senior Vice President & Chief Human Resource Officer
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1 Corporate Way
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Diahn M. McHenry
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Vice President
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5913 Executive Drive
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Keith R. Moore
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Senior Vice President & Chief Technology Officer
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1 Corporate Way
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Executive Vice President & Chief Financial Officer
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1 Corporate Way
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Russell E. Peck
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Vice President
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1 Corporate Way
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Laura L. Prieskorn
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Senior Vice President
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1 Corporate Way
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Dana S. Rapier
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Vice President
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5913 Executive Drive
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Assistant Secretary & Director
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1 Corporate Way
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Stacey L. Schabel
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Vice President
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1 Corporate Way
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William R. Schulz
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Vice President
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1 Corporate Way
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Muhammad S. Shami
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Vice President
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1 Corporate Way
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President
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1 Corporate Way
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Kenneth H. Stewart
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Senior Vice President
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1 Corporate Way
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Heather R. Strang
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Vice President
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1 Corporate Way
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Marion C. Terrell II
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Vice President
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1 Corporate Way
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Marcia L. Wadsten
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Vice President
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1 Corporate Way
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Bonnie G. Wasgatt
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Senior Vice President & Chief Information Officer
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1 Corporate Way
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Item 26. Persons Controlled by or Under Common Control with the Depositor or Registrant.
The Registrant is a separate account of Jackson National Life Insurance Company of New York("Depositor"), a stock life insurance company organized under the laws of the state of New York. The Depositor is a wholly owned subsidiary of Jackson National Life Insurance Company and is ultimately a wholly owned subsidiary of Prudential plc (London, England), a publicly traded life insurance company in the United Kingdom.
The organizational chart for Prudential plc indicates those persons who are controlled by or under common control with the Depositor. No person is controlled by the Registrant.
Elite Access Brokerage Edition Contracts:
Qualified – 10
Non-Qualified - 122
Item 28. Indemnification
Provision is made in the Company's By-Laws for indemnification by the Company of any person made or threatened to be made a party to an action or proceeding, whether civil or criminal by reason of the fact that he or she is or was a director, officer or employee of the Company or then serves or has served any other corporation in any capacity at the request of the Company, against expenses, judgments, fines and amounts paid in settlement to the full extent that officers and directors are permitted to be indemnified by the laws of the State of New York.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 ("Act") may be permitted to directors, officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
Item 29. Principal Underwriter
| (a) |
Jackson National Life Distributors LLC acts as general distributor for the JNLNY Separate Account I. Jackson National Life Distributors LLC also acts as general distributor for the Jackson National Separate Account - I, the Jackson National Separate Account III, the Jackson National Separate Account IV, the Jackson National Separate Account V, the JNLNY Separate Account II, the JNLNY Separate Account IV, the Jackson Sage Variable Annuity Account A, the Jackson Sage Variable Life Account A, the Jackson SWL Variable Annuity Fund I, the JNL Series Trust, JNL Variable Fund LLC, JNL Investors Series Trust, and Jackson Variable Series Trust. |
(b) Directors and Officers of Jackson National Life Distributors LLC:
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Name and Business Address
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Positions and Offices with Underwriter
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| |
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Greg Cicotte
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Manager
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7601 Technology Way
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Manager
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1 Corporate Way
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Thomas P. Hyatte
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Manager
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1 Corporate Way
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James P. Sopha
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Manager
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1 Corporate Way
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Stephen M. Ash
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Vice President
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7601 Technology Way
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Jeffrey Bain
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Vice President
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7601 Technology Way
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Tyler Bain
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Vice President
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7601 Technology Way
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Brad Baker
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Vice President
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7601 Technology Way
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Erin Balcaitis
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Vice President
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7601 Technology Way
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Tori Bullen
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Senior Vice President
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7601 Technology Way
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Richard Catts
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Vice President
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7601 Technology Way
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Maura Collins
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Executive Vice President, Chief Financial Officer & FinOP
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7601 Technology Way
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Christopher Cord
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Vice President
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7601 Technology Way
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Justin Fitzpatrick
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Vice President
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7601 Technology Way
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Julia A. Goatley
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Manager & Secretary
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1 Corporate Way
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Mark Godfrey
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Vice President
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7601 Technology Way
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Luis Gomez
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Vice President
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7601 Technology Way
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Kevin Grant
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Senior Vice President
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7601 Technology Way
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Elizabeth Griffith
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Vice President
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300 Innovation Drive
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Kelli Hill
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Vice President
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7601 Technology Way
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Thomas Hurley
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Senior Vice President
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7601 Technology Way
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Mark Jones
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Vice President
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7601 Technology Way
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Doug Mantelli
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Senior Vice President
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7601 Technology Way
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Timothy McDowell
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Vice President
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7601 Technology Way
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Jennifer Meyer
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Vice President
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7601 Technology Way
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Steven O'Connor
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Vice President
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7601 Technology Way
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Allison Pearson
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Vice President
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7601 Technology Way
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John Poulsen
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Executive Vice President, Sales Strategy
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1640 Powers Ferry Road
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Bldg. 20
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Jeremy D. Rafferty
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Vice President
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7601 Technology Way
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Alison Reed
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Executive Vice President, Operations
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7601 Technology Way
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Assistant Secretary
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1 Corporate Way
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Scott Romine
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President & Chief Executive Officer
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7601 Technology Way
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Kezia Samuel
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Vice President
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7601 Technology Way
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Marilynn Scherer
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Vice President
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7601 Technology Way
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Kathleen Schofield
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Vice President
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7601 Technology Way
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Marc Socol
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Executive Vice President, National Sales Manager
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7601 Technology Way
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Melissa Sommer
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Vice President
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7601 Technology Way
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Daniel Starishevsky
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Senior Vice President
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7601 Technology Way
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Ryan Strauser
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Vice President
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7601 Technology Way
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Denver, VO 80237
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Brian Sward
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Senior Vice President
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7601 Technology Way
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Jeremy Swartz
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Vice President
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7601 Technology Way
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Robin Tallman
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Vice President & Controller
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7601 Technology Way
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Brad Whiting
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Vice President
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7601 Technology Way
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Daniel Wright
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Senior Vice President & Chief Compliance Officer
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7601 Technology Way
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Phil Wright
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Vice President
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7601 Technology Way
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(c)
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Name of Principal Underwriter
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Net Underwriting Discounts and Commissions
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Compensation on Redemption or Annuitization
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Brokerage Commissions
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Compensation
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Jackson National Life Distributors LLC
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Not Applicable
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Not Applicable
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Not Applicable
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Not Applicable
|
Item. 30. Location of Accounts and Records
Jackson National Life Insurance Company
1 Corporate Way
Jackson National Life Insurance Company
Institutional Marketing Group Service Center
1 Corporate Way
Jackson National Life Insurance Company
7601 Technology Way
Jackson National Life Insurance Company
225 West Wacker Drive, Suite 1200
Item. 31. Management Services
Not Applicable.
Item. 32. Undertakings and Representations
|
a)
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Jackson National Life Insurance Company of New York hereby undertakes to file a post-effective amendment to this registration statement as frequently as is necessary to ensure that the audited financial statements in the registration statement are never more than sixteen (16) months old for so long as payment under the variable annuity contracts may be accepted.
|
|
b)
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Jackson National Life Insurance Company of New York hereby undertakes to include either (1) as part of any application to purchase a contract offered by the Prospectus, a space that an applicant can check to request a Statement of Additional Information, or (2) a postcard or similar written communication affixed to or included in the Prospectus that the applicant can remove to send for a Statement of Additional Information.
|
|
c)
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Jackson National Life Insurance Company of New York hereby undertakes to deliver any Statement of Additional Information and any financial statement required to be made available under this Form promptly upon written or oral request.
|
|
d)
|
Jackson National Life Insurance Company of New York represents that the fees and charges deducted under the contract, in the aggregate, are reasonable in relation to the services rendered, the expenses to be incurred, and the risks assumed by Jackson National Life Insurance Company of New York.
|
|
e)
|
The Registrant hereby represents that any contract offered by the prospectus and which is issued pursuant to Section 403(b) of the Internal Revenue Code of 1986 as amended, is issued by the Registrant in reliance upon, and in compliance with, the Securities and Exchange Commission's industry-wide no-action letter to the American Council of Life Insurance (publicly available November 28, 1988) which permits withdrawal restrictions to the extent necessary to comply with IRS Section 403(b)(11).
|
SIGNATURES
As required by the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets the requirements of Securities Act Rule 485(b) for effectiveness of this post-effective amendment to the Registration Statement and has caused this post-effective amendment to the Registration Statement to be signed on its behalf, in the City of Lansing, and State of Michigan, on this 24th day of September, 2015.
JNLNY Separate Account I
(Registrant)
Jackson National Life Insurance Company of New York
Senior Vice President, General Counsel
and Secretary
Jackson National Life Insurance Company of New York
(Depositor)
Senior Vice President, General Counsel
and Secretary
As required by the Securities Act of 1933, this post-effective amendment to the Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
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and Chief Financial Officer
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Controller, Treasurer and Director
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Head of U.S. Wealth Management and
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Distribution and Director
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Deputy Chief Risk Officer and Director
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Director
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and Director
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and Director
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POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each of the undersigned as directors and/or officers of JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK (the
"Depositor"), a New York corporation, hereby appoint
James R. Sopha,
P. Chad Myers,
Andrew J. Bowden, Susan S. Rhee and Frank J. Julian (each with power to act without the others) his/her attorney-in-fact and agent, with full power of substitution and resubstitution, for and in his/her name, place and stead, in any and all capacities, to sign applications and registration statements, and any and all amendments, with power to affix the corporate seal and to attest it, and to file the applications, registration statements, and amendments, with all exhibits and requirements,
in accordance with the Securities Act of 1933, the Securities and Exchange Act of 1934, and/or the Investment Company Act of 1940. This Power of Attorney concerns JNLNY Separate Account I (File Nos.
333-37175,
333-48822,
333-70384,
333-81266,
333-118370,
333-119659,
333-137485,
333-163323,
333-172873,
333-175720,
333-175721,
333-177298,
333-183046,
333-183047, and
333-192972), JNLNY Separate Account II (File No.
333-86933), and JNLNY Separate Account IV (File Nos.
333-109762
and
333-118132), as well as any future separate account(s) and/or future file number(s) within any separate account(s) that the Depositor establishes through which securities, particularly variable annuity contracts and variable universal life insurance policies, are to be offered for sale. The undersigned grant to each attorney-in-fact and agent full authority to take all necessary actions to effectuate the above as fully, to all intents and purposes, as he/she could do in person, thereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof. This instrument may be executed in one or more counterparts.
IN WITNESS WHEREOF, the undersigned have executed this Power of Attorney effective as of the 17th day of June, 2015.
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and Chief Financial Officer
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Head of U.S. Wealth Management and Distribution
and Director
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Deputy Chief Risk Officer and Director
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EXHIBIT LIST
| 5e. |
Form of the Elite Access Brokerage Edition Individual Variable and Fixed Annuity Application (NV7873 09/15). |
| 9. |
Opinion and Consent of Counsel. |
| 10. |
Consent of Independent Registered Public Accounting Firm. |
