Lincoln Natl Corp Ind Stock Price, News & Analysis

Lincoln Financial Group has launched the Lincoln AssetEdge® VUL (2022), an accumulation-focused Variable Universal Life insurance policy aimed at providing tax-advantaged cash value growth and a cost-effective death benefit. With a surge in VUL policy sales, the new product offers enhanced investment options and features such as the Enhanced Allocation Rider, which allows for S&P option purchases to boost policy value. Clients can choose from over 75 investment options, including two Fidelity AIM® Dividend Index accounts, ensuring flexible investment alignment with financial goals.

Lincoln Financial Group (NYSE: LNC) has launched a new mobile-enabled participant website aimed at enhancing user experience and financial engagement for retirement planning. This site features tools like the My Target tool for personalized income estimates, easy-to-understand investment graphs, and an intuitive navigation system. The redesign aims to meet evolving participant needs, encouraging active engagement with their retirement accounts. With over 17 million customers, the company emphasizes its commitment to helping employees navigate financial wellness amidst growing concerns about retirement savings.

Lincoln Financial Group (NYSE:LNC) will report its fourth quarter earnings on February 2, 2022, after market close. A conference call is scheduled for February 3, 2022, at 10:00 a.m. Eastern Time. Earnings materials will be available on the company's Investor Relations page. Participants can join the live webcast on the company website, and phone participants need to pre-register. A replay of the call will be accessible by 1:00 p.m. Eastern Time on the same day and available until February 10, 2022.

Lincoln Financial Group (NYSE:LNC) announced that CEO Dennis R. Glass will present at the Goldman Sachs U.S. Financial Services Conference on December 8, 2021, at 10:00 a.m. ET. The session will include a Q&A covering various industry and company topics. Investors can access the live presentation at www.lfg.com/webcast, with a replay available for 30 days post-event. As of September 30, 2021, Lincoln Financial managed $322 billion in account values and serves over 17 million clients.

Lincoln Financial Group (NYSE: LNC) announced the appointments of Jayson Bronchetti as Chief Investment Officer and Chris Neczypor as Chief Strategy Officer, both effective immediately. Bronchetti will oversee over $300 billion in assets, while Neczypor will lead corporate development and long-term strategic planning. These changes align with the upcoming transition of Ellen Cooper to President and CEO in May 2022. Both Bronchetti and Neczypor bring over 20 years of industry experience, enhancing Lincoln's leadership for future growth.

Lincoln Financial Group highlights the increasing importance of long-term care planning amidst ongoing caregiver challenges. With nearly half of Americans expected to become caregivers, 70% of them feel overwhelmed. The PR emphasizes the need for family discussions on care preferences, with 96% of Americans agreeing on its importance. Despite the growing costs of care, less than 20% have made financial plans for it. Creating a long-term care plan can ease financial stress for 70% of caregivers, and 93% believe proactive planning would reduce transition stress.

Lincoln Financial Group (NYSE: LNC) announced the launch of a new spread crediting strategy for its indexed variable annuity, Lincoln Level Advantage^®, starting November 22, 2021. This strategy offers investors uncapped growth potential while safeguarding their assets. The product aims to support pre-retirees in their financial planning, enhancing the flexibility of investment options. With over $12 billion in lifetime sales since its May 2018 launch, Lincoln Level Advantage is a leading choice in the market.

Lincoln Financial Group (NYSE: LNC) announced an increase in its securities repurchase authorization to $1.5 billion. This allows for ongoing share repurchases and debt reduction, aligning with previously discussed reinsurance plans. The repurchase program has no expiration and will depend on key capital ratios and free cash flow. Share repurchases may occur through open market purchases or private transactions, and the program could be modified or halted at any time. This move aims to enhance shareholder value and financial flexibility.