Lincoln Financial Group Improves Its Retirement Program
October 19, 2008
To provide employers with a more comprehensive retirement plan, Lincoln Financial Group is combining its two micro-small market group variable annuity offerings.
The Lincoln Director and Lincoln American Legacy Retirement will merge under the name Lincoln Director, offering more than 80 investment options. The enhanced program will also provide fiduciary support for plan sponsors, accumulation strategies and tools for plan participants, and Lincoln’s patented income annuity, i4LIFE Advantage.
“Today, many employers are looking for comprehensive retirement programs that include a wide variety of investment options along with fiduciary services and plan support,” said Cindy King, head of Defined Contribution Products for Lincoln.
“Combining the best of both Lincoln Director and Lincoln American Legacy Retirement programs will result in a more robust, focused offering with greater efficiencies in distribution and future product enhancements, speed to market and savings that will benefit our customers,” King said.
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