A new flexible asset allocation tool from Jackson National will help advisers build customized investment solutions, according to the company.

The new Portfolio Construction Tool, an interactive online platform, allows advisers to create portfolios tailored to the individual objectives of the client. The tool assists advisers in choosing the mix of variable annuity subaccounts that is right for the client.

Some insurance companies dictate the asset allocation model for variable annuities with living benefits, but Jackson National takes a different view, allowing the adviser and client to determine how to allocate the assets. Though this is riskier than forcing the allocation themselves, Jackson says their hedging and risk management program allow them to be more flexible.