- Lincoln Financial Group Announces New Ibbotson Fund Lineup for its Lincoln Director(SM) Retirement Program -
06 8월 2009 - 11:00PM
PR Newswire (US)
PHILADELPHIA, Aug. 6 /PRNewswire-FirstCall/ -- Lincoln Financial
Group, today announced that it has added a new offering to the
Ibbotson Insight Series Fund Lineup within the Lincoln Director(SM)
group variable annuity. The Lincoln Ibbotson Insight Series now
includes both a Core and Expanded lineup. The Core lineup, which
includes 20 investments from the Lincoln Director(SM) group
variable annuity, is geared toward plan sponsors that want a
simplified approach to investing with an emphasis on funds that are
lower in cost. The new Expanded lineup has additional fund
offerings--32 in all--and includes additional funds from most asset
classes. (Logo: http://www.newscom.com/cgi-bin/prnh/20050830/LFLOGO
) The Lincoln Ibbotson Insight Series is a specially crafted fund
lineup from a pool of now more than 90 investment options tailored
to fit the needs of plan sponsors. In addition to simplifying the
selection process, Ibbotson Associates, a registered investment
advisor and wholly owned subsidiary of Morningstar, Inc., acts as a
fiduciary for the investment lineup it recommends. "Plan sponsors
need to ensure that they select the right investments for their
participants, provide diversified investment options and establish
a process to monitor their fund selections," said Cindy King, head
of Defined Contribution Product, Retirement Solutions, Lincoln
Financial. "With the Lincoln Ibbotson Insight Series offerings,
clients will have those services provided for them so that they can
develop the right retirement program that best suits the needs of
their employees." Ibbotson Associates selects investment options
for the Lincoln Ibbotson Insight Series lineup from the investments
available in the Lincoln Director group variable annuity.
Selections represent the core asset classes that constitute a
prudent investment tailored for retirement plan investing. Ibbotson
Associates works with plan providers to assist their small- to
mid-size plan sponsor clients with selecting and monitoring the
investment lineup for their retirement plans. Ibbotson filters
investment options through peer-group rankings and selects only
those that have consistent style and have generated returns while
controlling risk. Ibbotson also monitors the investment options on
an ongoing basis to help ensure that they continue to meet the
selection criteria. The Lincoln Director retirement program also
includes a Fiduciary Services Guarantee to ensure plan sponsors
have the fiduciary guidance they need to support all regulatory and
administrative requirements of the plan. The Fiduciary Services
Guarantee includes: -- Assurance that the plan's investment options
can be crafted to be a prudent investment lineup. -- Provides that
the funds made available can be used to craft a diverse lineup that
can meet the diversity requirements of ERISA Section 404(c). --
Provides that the funds can be combined so that an allocation
strategy can be utilized to reduce the risk of large losses. -- If
the funds made available by Lincoln do not meet any of these
requirements, Lincoln will reimburse the employer for losses
suffered. "Because the demographics and investing experience of
participants vary from plan to plan, it's beneficial for plan
sponsors to have options when selecting an appropriate investment
lineup," said Dr. Peng Chen, president of Ibbotson Associates. "We
are pleased to help Lincoln offer a choice of lineups to plan
sponsors, which enables them to better match investment offerings
with the preferences and sophistication of their participant base."
Lincoln Director variable annuities are issued by The Lincoln
National Life Insurance Company, Fort Wayne, IN, on contract form
#19476 (and state variations thereof). Contractual obligations are
backed by the claims-paying ability of The Lincoln National Life
Insurance Company. The Lincoln National Life Insurance Company is
not licensed and does not solicit business in the state of New
York. In New York, group variable annuities, Lincoln Director and
Lincoln American Legacy Retirement are issued by the Lincoln Life
& Annuity Company of New York, Syracuse, NY on policy form
#19476NY-A 7/04. The contractual obligations are backed by the
claims-paying ability of the Lincoln Life & Annuity Company of
New York. About Lincoln Financial Group Lincoln Financial Group is
the marketing name for Lincoln National Corporation (NYSE:LNC) and
its affiliates. With headquarters in the Philadelphia region, the
companies of Lincoln Financial Group had assets under management of
$181 billion as of June 30, 2009. Through its affiliated companies,
Lincoln Financial Group offers: annuities; life, group life and
disability insurance; 401(k) and 403(b) plans; savings plans;
mutual funds; managed accounts; institutional investments; and
comprehensive financial planning and advisory services. Affiliates
also include: Delaware Investments, the marketing name for Delaware
Management Holdings, Inc. and its subsidiaries; and Lincoln UK. For
more information, including a copy of our most recent SEC reports
containing our balance sheets, please visit
http://www.lincolnfinancial.com/. About Ibbotson Associates and
Morningstar, Inc. Ibbotson Associates is a leading independent
provider of asset allocation, manager selection, and portfolio
construction services. The company leverages its innovative and
ground-breaking academic research to create customized investment
advisory solutions that help investors meet their goals. Founded by
Professor Roger Ibbotson in 1977, Ibbotson Associates is a
registered investment advisor and a wholly owned subsidiary of
Morningstar, Inc. Morningstar, Inc. is a leading provider of
independent investment research in North America, Europe,
Australia, and Asia. The company offers an extensive line of
Internet, software, and print-based products and services for
individuals, financial advisors, and institutions. Morningstar
provides data on more than 300,000 investment offerings, including
stocks, mutual funds, and similar vehicles, along with real-time
global market data on more than 4 million equities, indexes,
futures, options, commodities, and precious metals, in addition to
foreign exchange and Treasury markets. The company has operations
in 19 countries and minority ownership positions in companies based
in three other countries.
http://www.newscom.com/cgi-bin/prnh/20050830/LFLOGO
http://photoarchive.ap.org/ DATASOURCE: Lincoln Financial Group
CONTACT: Daniela Palmieri, Strategic Communications of Lincoln
Financial Group, +1-484-583-2986, Web Site: http://www.lfg.com/
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