Lincoln National Corporation

The Standard Hires Becky Butler as Assistant Vice President and Actuary

Retrieved on: 
Thursday, April 4, 2024

Standard Insurance Company ( The Standard ) announced today that Becky Butler was hired as assistant vice president and actuary in Actuarial Transformation.

Key Points: 
  • Standard Insurance Company ( The Standard ) announced today that Becky Butler was hired as assistant vice president and actuary in Actuarial Transformation.
  • View the full release here: https://www.businesswire.com/news/home/20240404954950/en/
    Becky Butler, Assistant Vice President and Actuary at The Standard (Photo: Business Wire)
    In this role, Butler leads the strategic process, technology decisions and initiatives underway to reimagine and transform the actuarial functions across The Standard.
  • “Becky’s problem-solving skills and ability to build relationships make her the right leader to bring The Standard’s actuarial transformation vision to fruition,” said Lauren Canfield, vice president, corporate actuary and chief risk officer at The Standard.
  • Butler earned a Bachelor of Science degree in actuarial mathematics and economics at the University of Michigan.

Lincoln Financial Group to Report 2024 First Quarter Results on May 2

Retrieved on: 
Thursday, April 4, 2024

Lincoln Financial Group (NYSE:LNC) announced today that it will report its results for the first quarter ended March 31, 2024 at 7:00 a.m. Eastern Time on Thursday, May 2, 2024.

Key Points: 
  • Lincoln Financial Group (NYSE:LNC) announced today that it will report its results for the first quarter ended March 31, 2024 at 7:00 a.m. Eastern Time on Thursday, May 2, 2024.
  • Earnings materials, including the 2024 first quarter Earnings Release and Statistical Supplement, will be available on the company’s Investor Relations web page at www.lincolnfinancial.com/investor .
  • A replay of the webcast will be available at www.lincolnfinancial.com/webcast by 10:00 a.m. Eastern Time on May 2, 2024.
  • Anticipated future earnings release and conference call dates & times:
    Second Quarter 2024 – August 1, 2024
    Earnings release at 7:00 a.m. Eastern Time
    Conference call at 8:00 a.m. Eastern Time
    Third Quarter 2024 – October 31, 2024
    Earnings release at 7:00 a.m. Eastern Time
    Conference call at 8:00 a.m. Eastern Time
    Fourth Quarter and Full Year 2024 – February 6, 2025
    Earnings release at 7:00 a.m. Eastern Time
    Conference call at 8:00 a.m. Eastern Time

Lincoln Financial Group Introduces Side-by-Side Pooled Employer Retirement Solutions for Businesses and Not-for-Profit Organizations

Retrieved on: 
Wednesday, April 3, 2024

Lincoln Financial Group (NYSE:LNC) announces the launch of FlexPEP(k) and FlexPEP(b), comprehensive pooled employer plans (PEP) for 401(k) and 403(b) plans, respectively.

Key Points: 
  • Lincoln Financial Group (NYSE:LNC) announces the launch of FlexPEP(k) and FlexPEP(b), comprehensive pooled employer plans (PEP) for 401(k) and 403(b) plans, respectively.
  • These tailored solutions add to Lincoln’s lineup of group plan solutions totaling more than $1.3 billion in assets.
  • “We’re seeing an uptick in the adoption of group plan solutions as employers look to streamline their retirement plan administration, minimize costs and enhance fiduciary protection,” said Matt Condos, senior vice president, Retirement Plan Services Product Solutions, Lincoln Financial Group.
  • For more information about Lincoln’s full suite of retirement solutions, including OpenPEP , visit our group retirement plan pages for employers and financial professionals .

Lincoln Financial Study Finds Inflation Is the Number One Financial Concern Among Consumers of Every Generation

Retrieved on: 
Tuesday, April 2, 2024

The study revealed that inflation is the top cited financial concern (66%) among American consumers across every generation.

Key Points: 
  • The study revealed that inflation is the top cited financial concern (66%) among American consumers across every generation.
  • Despite the focus on inflation, few are taking action to combat it – even among those who work with a financial professional.
  • Only 17% of respondents who cited inflation as a concern have recently sought advice about how to address their concern.
  • “We see a clear opportunity for advisors to address consumers’ top financial concerns head on with their clients.

Cornerstone Building Brands Appoints Dr. Marcia Avedon to its Board of Directors

Retrieved on: 
Tuesday, March 26, 2024

Cornerstone Building Brands, Inc., a leading manufacturer of exterior building products in North America, has appointed Marcia Avedon, Ph.D., as a member of its board of directors (the “Board”), effective April 1, 2024.

Key Points: 
  • Cornerstone Building Brands, Inc., a leading manufacturer of exterior building products in North America, has appointed Marcia Avedon, Ph.D., as a member of its board of directors (the “Board”), effective April 1, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240326897081/en/
    Dr. Marcia Avedon will serve as a member of the Cornerstone Building Brands board of directors, effective April 1, 2024.
  • “Marcia’s depth and breadth of both corporate leadership and board experience in leadership development, talent and succession management, executive compensation, organizational development, corporate governance, brand building, operations and sustainability make her a particularly strong addition to our Cornerstone Building Brands board of directors,” said Rose Lee, President and Chief Executive Officer, Cornerstone Building Brands.
  • Marcia previously served on the board of directors of GCP Applied Technologies and Lincoln National Corporation.

Lincoln Financial Group Recognized by DALBAR for Consumer Experience

Retrieved on: 
Tuesday, March 26, 2024

Lincoln Financial Group (NYSE:LNC) announced today that it has been recognized by DALBAR, Inc. , for excellence in its annuity illustrations and its life insurance website experience.

Key Points: 
  • Lincoln Financial Group (NYSE:LNC) announced today that it has been recognized by DALBAR, Inc. , for excellence in its annuity illustrations and its life insurance website experience.
  • DALBAR is a preeminent auditor of consumer experience for the financial services industry.
  • The recognition marks the fifth consecutive year that Lincoln has received DALBAR’s Award for Excellence in Annuity Illustrations, following its review of 17 illustration categories across 11 leading annuity firms.
  • “Lincoln is honored to be selected by DALBAR, an expert in the field, for our continued commitment to providing an exceptional experience for consumers and financial professionals.”

Candidly Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024

Retrieved on: 
Tuesday, March 19, 2024

Candidly, the leading AI-driven student debt and savings optimization platform, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.

Key Points: 
  • Candidly, the leading AI-driven student debt and savings optimization platform, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.
  • To date, Candidly has generated $1.2B of projected student debt impact for the workers it serves.
  • This year’s list of Most Innovative Companies shines a spotlight on businesses that are shaping industry and culture through their innovations.
  • The list of Fast Company’s Most Innovative Companies can be seen here .

AM Best Assigns Issue Credit Rating to Lincoln National Corporation’s New Senior Unsecured Notes

Retrieved on: 
Friday, March 15, 2024

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb+” (Good) to the $350 million 5.852% senior unsecured notes, due March 15, 2034, issued by Lincoln National Corporation (LNC) (headquartered in Radnor, PA).

Key Points: 
  • AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb+” (Good) to the $350 million 5.852% senior unsecured notes, due March 15, 2034, issued by Lincoln National Corporation (LNC) (headquartered in Radnor, PA).
  • LNC’s existing Long-Term Issuer Credit Rating and Long-Term IRs remain unchanged.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Lincoln Financial Earns DALBAR Award for Excellence in Annuity Illustrations

Retrieved on: 
Wednesday, March 13, 2024

DALBAR, Inc. is recognizing Lincoln Financial Group for a 5th consecutive year for arming advisors with a vital tool for use in their sales process.

Key Points: 
  • DALBAR, Inc. is recognizing Lincoln Financial Group for a 5th consecutive year for arming advisors with a vital tool for use in their sales process.
  • The firm sets the standard with annuity illustrations that speak to current and prospective clients with a complete and highly comprehensible picture of how an annuity can address their needs.
  • Lincoln Financial’s illustrations feature clear depictions of protected income and use color generously to highlight key values and performance under different market conditions.
  • “We are honored to once again earn this recognition, which reinforces our commitment to providing a superior annuity experience,” said Daniel Herr, senior vice president of Annuity Product at Lincoln Financial Group.

Lincoln Financial Group Enhances Its Fixed Indexed Annuities With Innovative Crediting Strategies

Retrieved on: 
Wednesday, March 13, 2024

Lincoln Financial fixed indexed annuities offer a variety of crediting strategies to support individuals’ unique investing goals.

Key Points: 
  • Lincoln Financial fixed indexed annuities offer a variety of crediting strategies to support individuals’ unique investing goals.
  • As this historic surge reaches retirement age, Lincoln Financial is committed to helping investors protect their hard-earned savings,” said Tim Seifert, senior vice president and head of Retirement Solutions Distribution at Lincoln Financial Group.
  • In 2023, Lincoln Financial worked with over 22,000 financial professionals to provide new annuity contracts to clients.
  • For more information about Lincoln Financial fixed indexed annuities, visit: https://www.lincolnfinancial.com/public/individuals/products/annuities/f...