Welcome to our dedicated page for Lincoln Natl Ind news (Ticker: LNC), a resource for investors and traders seeking the latest updates and insights on Lincoln Natl Ind stock.
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 appointed Al Copersino as vice president and Head of Investor Relations. Reporting to Chris Giovanni, he will shape the company’s investor relations strategy and manage communication with shareholders and analysts. Copersino joins from Columbia Threadneedle Investments, where he led the financial services research team for eight years. His academic credentials include a B.A. in Chemistry from the University of Virginia, an M.B.A. from Wharton, and a J.D. from the University of Pennsylvania Law School.
Lincoln Financial Group is launching innovative life insurance products focusing on 'living benefits,' addressing consumer demand for policies that offer benefits during the insured's lifetime. The new Indexed Universal Life (IUL) products, Lincoln WealthAccumulate® and Lincoln WealthPreserve®, promise enhanced cash value growth while providing security against market volatility. A new Long-Term Care Rider is also available, facilitating access to funds for long-term care expenses. This initiative aligns with trends showing increased consumer interest in flexible insurance solutions.
Lincoln Financial Group has announced the launch of new life insurance products that emphasize 'living benefits' aimed at meeting consumers’ growing interest in policies that provide utility during their lifetime. Key offerings include a revamped Indexed Universal Life (IUL) policy, Lincoln WealthAccumulate®, designed for cash value growth, and an innovative Lincoln WealthPreserve® IUL with protection against market losses. Additionally, a Long-Term Care Rider is introduced to address potential LTC expenses. These products aim to enhance financial planning amidst consumer concerns regarding market volatility.
Lincoln Financial Group (NYSE:LNC) has been chosen by First Merchants Bank to provide its 401(k) defined contribution retirement plans, serving 2,200 participants with approximately $170 million in retirement savings. This partnership emphasizes Lincoln's focus on personalized service and technology, helping employees enhance their financial wellness. The company's WellnessPATH solution offers participants valuable tools for financial planning, while retirement consultants provide educational support. Lincoln aims to improve participants' retirement outcomes through effective strategies and resources.
Lincoln Financial Group (NYSE: LNC) reported a net income of $398 million for Q3 2020, translating to $2.01 per diluted share, a significant recovery from a net loss of $(161) million in Q3 2019. Adjusted loss from operations stood at $(133) million, worsened from $(46) million in the prior year due to unfavorable notable items totaling $552 million. The company announced a 5% increase in its quarterly dividend to $0.42 per share, payable on February 1, 2021. Average account values rose by 7% to $279 billion, reflecting a positive growth outlook despite pandemic-related challenges.
Lincoln Financial Group (NYSE: LNC) research indicates the growing demand for guaranteed income options in retirement plans. Nearly 66% of workers view this as a "wow factor" for job offers, and 71% expect employers to provide such options. The SECURE Act has simplified offering these plans, reversing a decline from 2016-2019. Over 70% of workers are interested in guaranteed income products, which enhance budget confidence in retirement. As traditional pensions decline, the need for alternatives is more pressing, especially among younger generations.