Lincoln National Corporation reports developments across insurance and retirement businesses marketed as Lincoln Financial, including annuities, life insurance, group protection, and retirement plan services. Recurring updates cover earnings performance by business line, sales trends in retirement and protection products, capital actions, and dividends on common stock and Series D preferred depositary shares.
Company news also includes product launches such as fixed indexed annuity income solutions, technology integrations that connect broker platforms with Lincoln systems for policy, RFP, and quoting workflows, and leadership or governance developments affecting operating units. Coverage reflects the company’s role as a diversified provider of retirement income, workplace benefits, and life insurance products.
Lincoln Financial Group (NYSE: LNC) has launched the Lincoln Investor Advantage Pro® variable annuity, enhancing its annuity offerings. This product includes more than 125 funds and enables investors to customize their protection levels against market volatility. Research indicates a 50% decline in the desire to wait out market fluctuations, highlighting a shift towards proactive investment strategies. The new annuity allows for tax-free adjustments in investment strategy, with defined upside potential and downside protection in one-year periods.
Lincoln Financial Group (NYSE:LNC) is enhancing its personalized investment programs by introducing advisor managed accounts through Morningstar Investment Management. This service aims to provide customization options within employer-sponsored retirement plans. The new strategy allows plans to offer both target date funds and advisor managed accounts, promoting flexibility for participants. Early adopters like SageView Advisory Group and CAPTRUST will leverage this service, enabling RIAs to create tailored portfolios for employees based on individual circumstances. The company aims to help participants achieve their retirement goals more effectively.
Lincoln Financial Group (NYSE:LNC) announced that Randy J. Freitag, executive vice president and CFO, will present at the Morgan Stanley Virtual U.S. Financials, Payments & CRE Conference on June 15, 2021, at 9:30 a.m. ET. The session will include a Q&A covering various industry topics. The live webcast can be accessed at www.lfg.com/webcast 15 minutes prior to the event, with a replay available for 30 days. Lincoln Financial Group, with $311 billion in account values as of March 31, 2021, helps over 17 million customers with financial solutions.
Lincoln Financial Group (NYSE:LNC) has declared a quarterly cash dividend of $0.42 per share on its common stock. The dividend is scheduled to be paid on August 2, 2021 to shareholders of record on July 12, 2021. With over 17 million customers, Lincoln Financial Group focuses on retirement, insurance, and wealth protection. The company reported $311 billion in end-of-period account values as of March 31, 2021.
New research from Lincoln Financial Group reveals that 64% of U.S. employees prioritize a less stressful work environment over a 10% salary increase. Financial wellness concerns affect 91% of workers, with 32% feeling stressed by their finances. Lincoln Financial Group emphasizes the importance of employee benefits, such as disability and retirement plans, in promoting mental health and retention. Additionally, their resources like the Lincoln WellnessPATH tool aim to enhance financial literacy, helping employees navigate economic challenges and improve overall wellbeing.
Lincoln Financial Group (NYSE:LNC) will hold its 2021 Annual Meeting of Shareholders on June 3, 2021, at 9:00 a.m. EDT, via virtual format. Shareholders recorded as of March 29, 2021, can participate. Registration is required through a provided link where shareholders can submit questions for management. Access to the meeting begins at 8:45 a.m. EDT. The meeting will include voting, inquiries, and review of shareholder lists. Post-meeting, questions and answers will be published on the company’s Investor Relations website.
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Lincoln Financial Group's Monthly Consumer Sentiment Tracker reveals that 37% of Asian Americans are concerned about income loss due to COVID-19, reflecting significant economic impact. Unemployment among Asian Americans surged over 450% from February to June 2020, with many employed in hard-hit sectors. Despite 82% of Asian Americans seeking better financial protection, one-third haven't taken any financial action, unlike other demographics. Interest in purchasing long-term care and life insurance is notably low at 12%.
Lincoln Financial Group (NYSE:LNC) has announced that Randy J. Freitag, EVP and CFO, will present at the Wells Fargo Virtual Financial Services Conference on May 20, 2021, at 9:20 a.m. ET. The session will include a Q&A segment discussing various industry topics. Interested participants can access the live presentation at www.lfg.com/webcast. A replay will be available for 30 days after the event. Lincoln Financial serves over 17 million customers, managing $311 billion in accounts as of March 31, 2021.