Lincoln National (LNC) Enhances Annuities With Income Guarantee
Lincoln(LNC) ZACKS·2024-08-08 18:01
Lincoln Financial Group (LNC) recently announced the expansion of its Lincoln PathBuilder Income product powered by YourPath. This expansion introduces a lifetime income guarantee to an asset allocation investment fund, marking a significant enhancement to its portfolio of in-plan guaranteed lifetime income solutions. This move is a time opportune one aiming to respond to a growing demand for guaranteed retirement income options. Moves like this are expected to boost LNC's Annuities segment, whose operating ...