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 an Advisor Managed Accounts service, which enables registered investment advisors to create tailored investment portfolios for retirement plans. This service leverages data on participants, such as age and plan balance, to optimize investment allocations. Research indicates that over 70% of participants with low savings rates improved their savings after implementing managed accounts. This initiative aims to meet the growing demand from plan sponsors for personalized retirement solutions.
Lincoln Financial Group (NYSE: LNC) has appointed Craig T. Beazer as executive vice president and general counsel, effective immediately. Beazer will manage legal, compliance, and government relations, while advising the CEO and senior management. He succeeds Leon Roday, who will retire in February. Beazer, previously with KeyBank, brings extensive legal experience from notable firms like GE and Bank of America. With $281 billion in account values as of September 30, 2020, Lincoln Financial Group focuses on financial solutions for over 17 million customers.
Lincoln Financial Group (NYSE:LNC) is set to report its fourth quarter earnings on February 3, 2021, after market close. A conference call will take place on February 4, 2021, at 10:00 a.m. Eastern Time. Investors can access earnings materials, including the Earnings Release and Statistical Supplement, on the company's Investor Relations website.
Lincoln Financial serves over 17 million customers, providing solutions for retirement, insurance, and wealth protection, with $281 billion in account values as of September 30, 2020.
New research from OnePoll, commissioned by Lincoln Financial Group, reveals that 32% of Americans prefer retirement account contributions on their holiday wish lists. The study of 2,000 participants indicates that 80% are reconsidering holiday spending due to the pandemic, with 53% reallocating funds towards savings. A significant 78% acknowledge a shift in financial planning priorities, emphasizing family, health, and financial security. The findings suggest a growing concern for long-term financial wellness amidst ongoing economic uncertainty.
Lincoln Financial Group (NYSE:LNC) announces that CEO Dennis R. Glass will present at the Goldman Sachs Virtual U.S. Financial Services Conference on December 9, 2020, at 8:40 a.m. ET. The presentation will include a Q&A session on various industry topics. Interested participants can access the live broadcast at www.lfg.com/webcast, with a replay available for 30 days post-event. Lincoln Financial Group serves over 17 million customers and reported $281 billion in account values as of September 30, 2020.
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.
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