Welcome to our dedicated page for Lincoln National news (Ticker: LNC), a resource for investors and traders seeking the latest updates and insights on Lincoln National stock.
Lincoln National Corp. (LNC) is a multifaceted financial services organization focusing on insurance and retirement solutions. Established in 1990, the company has a rich heritage and extensive industry experience, which enables it to offer comprehensive services tailored to meet diverse client needs.
Core Business Segments:
- Annuities: LNC provides a range of annuity products, including fixed and indexed annuities, as well as variable annuities.
- Retirement Plan Services: The company offers employer-sponsored retirement plans, along with associated services designed to help clients achieve their retirement goals.
- Life Insurance: Lincoln National Corp. offers various life insurance products, including universal life (UL), variable universal life (VUL), indexed universal life (IUL), and term life insurance.
- Group Protection: Group life, disability, and dental insurance products are available for employers looking to provide comprehensive benefits to their employees.
Recent Achievements and Projects:
Lincoln National Corp. is committed to innovation and customer satisfaction. Recent projects include the enhancement of digital platforms to improve customer interaction and the introduction of new insurance products that offer more flexibility and coverage options. The company has also expanded its global partnerships, ensuring a robust distribution network and service support in various locations, including Slovenia, Croatia, and Italy.
Financial Condition:
The company maintains a strong financial standing, supported by consistent revenue generation and a well-diversified product portfolio. The latest financial reports indicate stable growth, with significant investments in technology and customer service enhancements.
Partnerships and Collaborations:
Lincoln National Corp. has built long-standing relationships with key industry players. Through a network of trusted partners, the company ensures the delivery of high-quality services and products. Notably, the firm proudly represents Zodiac Milpro, catering to professionals working on the water.
Overall, Lincoln National Corp. stands as a reliable and innovative leader in the insurance and retirement sectors, continually adapting to meet the evolving needs of its clients.
Lincoln Financial Group (NYSE: LNC) has launched Lincoln PathBuilder IncomeSM powered by YourPath®, a new in-plan solution aimed at providing guaranteed monthly income for retirement savers. With over 70% of retirement plan participants showing interest in guaranteed income options, this product integrates with existing risk-based target-date portfolios. Features include 'auto income' to enhance retirement readiness, flexibility for participants, and beneficiary protection. This initiative reflects a growing demand for secure income in retirement planning.
New research from Lincoln Financial Group (NYSE:LNC) indicates that one in four employed adults feel they are behind in retirement savings. Most employed U.S. adults (93%) express a desire to enhance their financial status, yet significant challenges persist. In 2020, 24% of participants reduced retirement contributions and 17% accessed loans or withdrawals from their plans. Notably, more than 60% of those unable to afford their ideal retirement seek help in budgeting and financial goal-setting. Lincoln Financial emphasizes the importance of having the right benefits and offers steps to improve financial fitness.
Lincoln Financial Securities (LFS) has announced a partnership with AIMCOR EIG to enhance the integration of insurance products in financial planning. This collaboration aims to provide financial professionals and their clients with improved access to a variety of insurance solutions. LFS emphasizes the need for compliant and creative insurance planning, addressing heightened regulations in the industry. AIMCOR EIG brings significant resources, including over 300 personnel and regional offices, to support financial professionals in promoting insurance adoption among clients.
Lincoln Financial Group (NYSE: LNC) has initiated exchange offers for its capital securities, allowing holders to trade them for higher-ranking subordinated notes. The capital securities will rank junior to the new notes, which will be issued at a 1:1 ratio. The current outstanding capital securities total approximately $1.2 billion. The exchange offers commence on July 7, 2021, and conclude on August 9, 2021. In addition, the company is seeking consents to amend terms of the existing indentures governing the capital securities, requiring majority approval from holders for any changes.
Lincoln Financial Group (NYSE:LNC) has appointed Elena French as the new head of Corporate Marketing, Communications and Brand. She previously served as head of Corporate Communications since 2018, during which she enhanced employee engagement and product awareness. French brings over 20 years of experience across various sectors and aims to position Lincoln as a leader in financial security. The company, with $311 billion in account values as of March 31, 2021, continues to focus on helping over 17 million customers with their financial goals.
Lincoln Financial Group (NYSE:LNC) will announce its second quarter earnings on August 4, 2021, after market close. A conference call for investors is scheduled for August 5, 2021, at 10:00 a.m. ET. Interested parties can access the earnings materials, including the Earnings Release and Statistical Supplement, on the company's Investor Relations page. The conference call will be available live on the company’s website, and a replay will be provided for a week after the call for those unable to attend.
Lincoln Financial Group (NYSE: LNC) has appointed Jen Warne as the new executive vice president and chief people officer. She will manage all Human Resources functions, providing strategic HR counsel to the CEO and senior management. Warne has over 25 years of HR experience and has been with Lincoln for a decade, most recently as Chief Talent Officer. Her appointment aims to enhance the employee experience, as stated by CEO Dennis R. Glass.
Lincoln Financial Group serves over 17 million customers, managing $311 billion in account values.
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.
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