RADNOR, Pa.—(BUSINESS WIRE)—
Lincoln Financial Group (LNC) currently announced a launch of Lincoln Core IncomeSM, built with iShares, the industry’s initial ETF-only non-static payments designed to assistance fee-based advisors residence their clients’ retirement income challenges. Developed by a vital partnership with BlackRock (BLK), Lincoln Core IncomeSM, built with iShares facilities an investment preference comprised wholly of ETFs, providing advisors and their clients with a cost-effective strategy, and guaranteed lifetime income equal to 4% of a initial deposition that increases annually by a 2% cost of vital adjustment.
“Lincoln Core IncomeSM, built with iShares demonstrates Lincoln’s joining to product creation and providing fee-based advisors with guaranteed lifetime income solutions that are privately built to accommodate their needs,” pronounced Will Fuller, president, Annuity Solutions, Lincoln Financial Distributors and Lincoln Financial Network. “This resolution captures a event in fee-based recommendation and a movement of ETFs – permitting advisors to assistance their clients secure retirement income by a guaranteed lifetime income plan that increases any year.”
“We’re saying a extensive change take place in a advisory space, as some-more advisors transition to fee-based models,” pronounced Salim Ramji, conduct of BlackRock’s U.S. Wealth Advisory business. “These advisors are looking for simple, pure solutions that yield their clients with income. Through a partnership with Lincoln, fee-based advisors can now offer their clients an ETF-based payments choice to assistance accommodate lifetime income goals in retirement.”
According to Cerulli1, pacifist investing is flourishing during a faster rate among advisors than actively managed assets. Advisors design this trend to continue, estimating that some-more than a third of their customer portfolios will be in pacifist allocations over a subsequent dual years. Morningstar shows that pacifist ETF resources have grown from only $228 billion in 2004 to $2.53 trillion as of a finish of 20162.
“Incorporating standalone ETFs into non-static annuities is an innovative development; a low responsibility ratios of ETFs might offer an advantage compared to a cost of other options available, and offer both confidant and consumer value,” adds Bing Waldert, conduct of U.S. Research during Cerulli.
Lincoln Core IncomeSM, built with iShares combines Lincoln’s 50 years of knowledge building payments solutions with BlackRock’s iShares portfolio construction and investment supervision proficiency. Several critical facilities include:
- No obey charge;
- Costs all in 1.9%*;
- Guaranteed lifetime income equal to 4% of a initial deposition that increases annually by a 2% cost of vital adjustment;
- Underlying investment options comprised wholly of iShares ETFs; and
- Return of investment genocide benefit.
*reflecting agreement charges and investment choice waivers.
BlackRock is customizing a chronicle of a iRetire® digital retirement formulation record accessible to financial advisors who wish to try certain facilities of Lincoln Core IncomeSM, built with iShares with their clients. Over 75,000 advisors who welcome a flourishing direct for digitally enabled recommendation have entrance to a iRetire® record that offers superintendence on building customer portfolios that assistance support lifetime income in retirement. With this customized chronicle of a iRetire® technology, advisors will be means to see a intensity advantages of adding guaranteed lifetime income into their clients’ financial plans.
“Retirement savers face poignant hurdles in today’s environment, given demographic trends and a fraying of normal supervision and corporate reserve nets. Today, annuities can assistance savers emanate predicted lifetime income in retirement,” combined Fuller. “Fee-based annuities benefaction a poignant long-term expansion event and we design this product to assistance constraint a change toward pacifist investing – providing fee-based and purebred investment advisors with a resolution that can assistance their clients residence income needs in retirement.”
Variable annuities are designed for retirement and offer lifetime income, tax-deferred expansion and genocide advantage word for desired ones. To confirm if a non-static payments is right for you, cruise that it is theme to investment risk, includes costs, and all guarantees – including those for discretionary facilities – are theme to a claims profitable ability of a arising company.
This press recover is not an offer to sell these bonds and is not soliciting an offer to buy these bonds in any state where a offer or sale is not permitted.
About Lincoln Financial Group
Lincoln Financial Group provides recommendation and solutions that assistance commission people to take assign of their financial lives with certainty and optimism. Today, some-more than 17 million business trust a retirement, word and resources word imagination to assistance residence their lifestyle, resources and income goals, as good as to ensure opposite long-term caring expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is a selling name for Lincoln National Corporation (LNC) and a affiliates. The association had $229 billion in resources underneath supervision as of Dec 31, 2016. Learn some-more at: www.LincolnFinancial.com. Find us on Facebook, Twitter, LinkedIn and YouTube. To pointer adult for email alerts, greatfully revisit a Newsroom during http://newsroom.lfg.com.
Lincoln Financial Group® affiliates, their distributors, and their sold employees, representatives, and/or word agents do not yield tax, accounting, or authorised advice. Please deliberate an eccentric confidant as to any tax, accounting, or authorised statements done herein.
Variable annuities are long-term investment products designed for retirement functions and are theme to marketplace fluctuation, investment risk, and probable detriment of principal. Variable annuities enclose both investment and word components and have fees and charges, including mankind and expense, administrative, and advisory fees. Optional facilities are accessible for an additional charge. The annuity’s value fluctuates with a marketplace value of a underlying investment options, and all resources amass tax-deferred. Withdrawals of gain are taxable as typical income and, if taken before to age 59½, might be theme to an additional 10% sovereign tax. Withdrawals will revoke a genocide advantage and income obey value.
Investors are suggested to cruise a investment objectives, risks, and charges and losses of a non-static payments and a underlying investment options delicately before investing. The germane prospectuses for a non-static payments and a underlying investment options enclose this and other critical information. Please call 888-868-2583 for giveaway prospectuses. Read them delicately before investing or promulgation money. Products and facilities are theme to state availability.
Lincoln non-static annuities are released by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer. The Lincoln National Life Insurance Company does not appeal business in a state of New York, nor is it certified to do so.
Contracts sole in New York are released by Lincoln Life Annuity Company of New York, Syracuse, NY, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer.
BlackRock Investment Management, LLC acts as sub-adviser to Lincoln Core IncomeSM.
IMPORTANT: The projections or other information generated by a iRetire apparatus (the “tool”) per a odds of several investment outcomes are suppositious in nature, do not simulate tangible investment formula and are not guarantees of destiny results. Results might change with any use and over time.
Any information contained in or generated by a apparatus should not be construed as or relied on as investment advice, investigate or a recommendation by BlackRock Investments, LLC or any of a affiliates (collectively, “BlackRock”) per a use or bearing of any sold item allocation, account or altogether investment strategy. The apparatus is designed to be used in conference with an confidant and should not be relied on as a primary basement for an investment decision. Only an financier and his or her confidant know adequate about a investor’s resources to make an sensitive investment decision.
The apparatus does not pledge destiny income or strengthen opposite detriment of principal. There can be no declaration that an investment plan formed on a apparatus will be successful. Any preference per either and how to exercise a portfolio is only an advisor’s preference in conference with a client.
BlackRock is not dependent with Lincoln Financial Group® and a affiliates.
1Cerulli Associates: The Cerulli Report: 2016 Advisor Metrics Cerulli Associates: The Cerulli Report: 2016 Retail Investor Products and Platforms
2Morningstar Direct, accessed on 2/16/17
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