Lincoln National Corp. - LNC STOCK NEWS

Lincoln Financial Group (NYSE: LNC) announced the appointment of Heather Deichler as senior vice president of Group Benefit Product and Underwriting in its Workplace Solutions division. With a commitment to delivering innovative product offerings, Deichler aims to enhance customer and claimant experiences while managing profit and loss. Previously, she led MoneyGuard® Business Management at Lincoln and has extensive experience in the insurance industry, including significant roles at New York Life. This strategic appointment is expected to strengthen Lincoln's market position and product development capabilities.

Lincoln Financial Network (LFN) has announced the addition of financial planners Andy Andrews and Joe Dankowski from Heritage Financial Consultants (HFC), enhancing its wealth management capabilities. With over $200 million in client assets managed throughout their careers, the duo aims to leverage LFN's resources to improve client service. Andrews, based in Naples, Florida, brings 8 years of experience managing approximately $100 million in assets, while Dankowski, located in Hunt Valley, Maryland, offers 23 years of experience with $105 million managed. This expansion reflects LFN's commitment to growing its advisory network.

Lincoln Financial Group (NYSE: LNC) has enhanced its MoneyGuard^® suite with Real-Time Approval for underwriting, allowing clients to receive approval in as little as 20 minutes. This feature is available for customers aged 60 and under applying for MoneyGuard Market Advantage^® and MoneyGuard Fixed Advantage^® policies. Additionally, MoneyGuard Market Advantage^® has expanded its availability to California, providing comprehensive long-term care coverage. A recent study shows that 59% of consumers fear relying on loved ones for long-term care, emphasizing the need for effective solutions like these.

Lincoln Financial Group has released findings from its Consumer Sentiment Tracker, revealing that only 2% of Americans understand tax-efficient financial solutions, despite a third prioritizing tax-reducing investments. To address this knowledge gap, Lincoln outlines five strategies: 1) Contributing to workplace retirement accounts; 2) Understanding annuities for lifetime income; 3) Preparing for unexpected long-term care costs; 4) Diversifying portfolios with life insurance; and 5) Collaborating with financial professionals. David Berkowitz highlights the importance of tax-efficient investing amid market volatility and inflation, emphasizing the need for clear financial planning.

Lincoln Financial Group (NYSE:LNC) declared a quarterly cash dividend of $0.45 per share, payable on May 1, 2023, to shareholders of record by April 10, 2023. As of December 31, 2022, the company reported $282 billion in end-of-period account values, reflecting its robust financial management. This dividend highlights Lincoln's commitment to delivering value to its shareholders amidst a stable financial backdrop.

Lincoln Financial Group (NYSE: LNC) and BPAS have announced a strategic partnership to introduce PensionEase, an integrated defined benefit (DB) administration solution. This initiative aims to enhance the customer experience for employers and their employees with both defined contribution (DC) and DB plans. BPAS will manage DB administration including recordkeeping and participant services, benefiting over 45,000 participants currently served by Lincoln Financial. This collaboration highlights Lincoln's commitment to comprehensive retirement solutions and superior customer experiences.

Lincoln Financial Group (NYSE: LNC) announced the appointment of Christen White as senior vice president of Group Benefit Claims. With over 20 years of experience, White previously held a similar role at MetLife, overseeing claims and call center operations. Her focus at Lincoln will be on enhancing customer service and implementing best practices in claim management. This leadership change aims to strengthen the claims team's effectiveness, as highlighted by James Reid, executive vice president. Lincoln Financial serves approximately 16 million customers, managing $282 billion in account values as of December 31, 2022.

Lincoln Financial Group (NYSE: LNC) expressed gratitude to the Philadelphia Eagles for their commendable season, acknowledging the team's dedication and memorable moments despite not winning the Super Bowl. The company has been the stadium sponsor of Lincoln Financial Field since 2003 and is involved in various community initiatives, including the Eagles Autism Challenge. The partnership reflects Lincoln's commitment to community engagement. As of December 31, 2022, Lincoln Financial reported $282 billion in account values, demonstrating its strong financial standing and focus on providing financial solutions that empower customers in their financial journeys.