Lincoln’s proprietary index offers clients a new investment option with exposure to American companies at the forefront of their industries
RADNOR, Pa.–(BUSINESS WIRE)–As investors continue to seek protected growth – total annuity sales jumped 16% in 2021, marking the highest sales since 20081, according to the Secure Retirement Institute’s U.S. Individual Annuity Sales Study – Lincoln Financial Group (NYSE: LNC) is expanding investment options for its best-selling indexed variable annuity, Lincoln Level Advantage® with a new blended index that provides exposure to U.S. companies demonstrating leadership in technology, economic growth and stability.
With a focus on providing customers with diversification and growth potential, the First Trust American Leadership Index™ aims to track a blend of equally weighted allocations to four indices, providing exposure to quality U.S. companies across all sectors poised to drive growth and innovation, with an emphasis on technology leaders and quality and growth-oriented dividend payers. In addition to several investing options that Lincoln Level Advantage already provides, Lincoln Financial’s latest offering allows investors to capture the performance of these leading companies focused on driving growth and profitability in the U.S. within one single index. The new index is available with Lincoln Level Advantage through FT Indexing Solutions, LLC, a privately held company whose affiliates have been providing investment services for more than 30 years.
“In 2021, Lincoln offered investors more product choice than any other top 10 annuity provider in the industry2,” said Brian Kroll, senior vice president and head of Annuity Solutions, Lincoln Financial. “As we remain focused on offering solutions that help people achieve financially-secure futures, enhancing our broad portfolio with an option like FT Indexing Solutions’ blended index is the latest example of Lincoln’s innovative approach to helping provide protection levels and long-term growth for everyday Americans.”
About Lincoln Level Advantage
Since its launch in May 2018, Lincoln Level Advantage indexed variable annuity has been Lincoln’s most successful product launch to-date with more than $13 billion in lifetime sales. The indexed variable annuity provides investors the ability to tailor a combination of protection levels with indexed account options to help meet their risk tolerance, individual investment style and retirement income planning goals.
The product has been lauded by investors and the industry alike, earning recognition from Structured Retail Products in 2019 and 2021, was the number one selling registered index-linked annuity in the industry for 20203 and named in Barron’s annual “The 100 Best Annuities for Today’s Market” feature more times than any other annuity carrier.
For more information about Lincoln Level Advantage indexed variable annuity, visit www.LFG.com/LevelAdvantage.
About Lincoln Financial
Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, and guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $324 billion in end-of-period account values as of December 31, 2021. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good and ranks among Newsweek’s Most Responsible Companies. Dedicated to diversity, equity and inclusion, we are included on transparency benchmarking tools such as the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to providing our employees with flexible work arrangements, we were named to FlexJobs’ list of the Top 100 Companies to Watch for Remote Jobs in 2022. Learn more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.
1 LIMRA Press Release, January 27, 2022
2 Source: Based on total amount of deferred annuities and riders actively marketed per each Top 10 carrier in 2021, according to Wink, Inc.
3 Lincoln Financial Group, October 2021
