Investment Products and Service Launches

Lincoln Financial Group Releases New Annuities; Nuveen Launches Investment Trust Portfolio; Wilshire Associates Releases ESG-Weighted Index; and more.

By Javier Simon | February 16, 2017
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Lincoln Financial Group Releases New Annuities

Lincoln Financial Group has rolled out new fee-based variable and fixed-indexed annuities, broadening its suite of lifetime income solutions.

The firm says these products will aim to provide retirement savers with a known source of income through a competitive cost option with a broad selection of investment choices, and no surrender charges. The new solutions are available through Lincoln’s core commission-based solutions – Lincoln ChoicePlus Assurance, American Legacy and Lincoln Investor Advantage.

“These solutions provide advisers with more fee-based options to create a known source of income for their clients that they can never outlive and that can never go down,” explains John Kennedy, senior vice president and head of Retirement Solutions Distribution for Lincoln Financial Distributors. Until now, there have been limited choices for fee-based guaranteed income products. Our expanded portfolio is built to match the way advisers do business and how they construct portfolios for their clients. Guaranteed lifetime income solutions are important for helping consumers achieve their retirement objectives, and we are committed to offering fee-based solutions that deliver known sources of income.”

Variable annuities are designed for retirement and offer lifetime income, tax-deferred growth and death benefit protection for loved ones.

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