Articles from Lincoln Financial Group

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock. The dividend on the common stock will be payable November 1, 2024 to shareholders of record at the close of business on October 10, 2024.

Lincoln Financial Group (NYSE: LNC) has launched new grief support services for Group Life beneficiaries, providing care beyond the claims process. This new service, provided by Empathy – the comprehensive support system for the bereaved – can help families navigate the logistical aspects of loss, including estate settlement, executing a will and more, as well as any emotional challenges they may be facing.

Lincoln Financial Group (NYSE: LNC) has expanded its Lincoln PathBuilder Income® powered by YourPath® product to add a lifetime income guarantee to an underlying asset allocation investment fund. This builds on the success of Lincoln Financial’s broad suite of in-plan guaranteed lifetime income products and offers more flexibility, choice and customization to plan sponsors and participants.

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared the following preferred stock dividends:

Lincoln Financial Group (NYSE: LNC) today reported financial results for the second quarter ended June 30, 2024.

Lincoln Financial Group (NYSE: LNC) today announced its partnership with Philadelphia Eagles star quarterback, Jalen Hurts, which will focus on promoting financial wellness through brand content and community engagement. The sponsorship is a natural extension of Lincoln’s more than 20-year partnership with the Philadelphia Eagles, with exclusive naming rights to Lincoln Financial Field.

Lincoln Financial Group (NYSE:LNC) announced today that it will report its results for the second quarter ended June 30, 2024 at 6:00 a.m. Eastern Time on Thursday, August 1, 2024. A conference call is scheduled for 8:00 a.m. Eastern Time on the same day. Earnings materials, including the 2024 second quarter Earnings Release, Earnings Supplement, and Statistical Supplement, will be available on the company’s Investor Relations web page at www.lincolnfinancial.com/investor.

Today, Lincoln Financial Group (NYSE: LNC) released its quarterly edition of Market Intel Exchange, a comprehensive analysis of market trends and themes currently on the minds of investors, curated from the company’s investment expertise and industry-leading asset management partnerships. In conjunction with the Market Intel Exchange, Jayson Bronchetti, Chief Investment Officer, shares a high-level overview of the themes, using visuals from the report in the company’s CIO Perspectives video.

Lincoln Financial Group (NYSE:LNC) today shared its 2023 Corporate Social Responsibility (CSR) report, The Power of Us, highlighting the company’s progress in advancing its purpose to provide financial protection and security to customers and their families and its environmental, social and governance (ESG) initiatives.

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock. The dividend on the common stock will be payable August 1, 2024 to shareholders of record at the close of business on July 10, 2024.

Lincoln Financial Group (NYSE:LNC) today announced the expansion of its efforts to enhance disability insurance claims processes with human-in-the-loop artificial intelligence (AI) technology, leading to better disability claims management analytics, improved claim guidance to assist claimants in their return-to-work journeys and streamlined processes to deliver more value to customers.

Lincoln Financial Group (NYSE: LNC) today announced a new version of its award-winning Lincoln Level Advantage® indexed variable annuity with the launch of Lincoln Level Advantage 2SM index-linked annuity. Building on the innovations of the first generation, Lincoln Level Advantage 2 offers investors even more opportunities for protection and growth with the industry’s first indexed accounts that track the performance of Capital Group active ETFs. Lincoln Level Advantage 2, with its newest feature Secure Lock+SM, is also the first Registered Index Linked Annuity (RILA) in the industry to offer a lock-in feature that allows investors to reset protection within their existing term.

Lincoln Financial Group (NYSE: LNC) today announced that Brian Kroll will be appointed Executive Vice President, Head of Retail Life and Annuity Solutions, effective May 16, 2024. Kroll will report to Chairman, President and CEO Ellen Cooper and will be a member of the company’s Senior Management Committee. He will be responsible for all aspects of the company’s Life Insurance and Annuity businesses, including product manufacturing, underwriting, new business, inforce operations and strategic planning.

Lincoln Financial Group (NYSE: LNC) is meeting shifting customer preferences for growth over guarantees1 with the launch of Lincoln MoneyGuard Market Advantage® (2024), issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and providing consumers with trusted long-term care protection, increased investment options and flexibility, and a tax advantage their portfolio might be missing.

Lincoln Financial Group (NYSE:LNC) announced today that Lincoln National Corporation will hold its 2024 Annual Meeting of Shareholders (the “Annual Meeting”) on Thursday, May 23, 2024, at 9:00 a.m., Eastern Time, in a virtual meeting format via live audio webcast.

This Mental Health Awareness Month, Lincoln Financial Group (NYSE:LNC) announced results from a year-long survey showing the significant impact of finances on stress. In 2023, nearly two thirds of U.S. employees surveyed felt stressed at least half the time and more than half experienced physical symptoms of stress. A total of 85% of stressed workers said finances were a factor and 34% said that stress impacted their health and wellbeing, according to the survey.[1]

Lincoln Financial Group (NYSE: LNC) and American Century Investments announced today that they are strengthening their partnership by leveraging American Century’s investment expertise and Lincoln Financial’s platform to provide additional opportunities and an enhanced lineup to support investor needs.

Lincoln Financial Group (NYSE: LNC) today announced that it has completed the sale of its wealth management business, including all ownership interests in the Lincoln subsidiary entities comprising that business, to Osaic, Inc. (Osaic), one of the nation’s largest providers of wealth management solutions. The sale provides Lincoln with approximately $650 million of capital benefit, which the company will primarily use to increase its risk-based capital ratio. Lincoln also plans to use a portion of the capital benefit to reduce its leverage ratio.

Lincoln Financial Group (NYSE: LNC) today reported financial results for the first quarter ended March 31, 2024.

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared a quarterly dividend of $562.50 per share on the corporation’s 9.000% Non-Cumulative Preferred Stock, Series D, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.5625 per depositary share (NYSE: LNC PRD). The dividend will be payable June 1, 2024 to holders of record on May 15, 2024. The ex-dividend date will be May 14, 2024.

As National Small Business Week (NSBW) approaches, April 28 – May 4, Lincoln Financial Group (NYSE: LNC) acknowledges the vital role of small businesses in driving economic growth and innovation. In recognition of their invaluable contributions, Lincoln Financial Group reaffirms its commitment to supporting small businesses by highlighting opportunities for growth across three key areas: attracting and retaining talent, supporting the holistic needs of employees and fostering business growth.

Tax season is in full swing in the U.S., with many Americans looking forward to their potential tax refunds. With 50% of U.S. adults expecting to receive a tax refund this year, Lincoln Financial Group (NYSE: LNC) conducted a comprehensive survey to explore how they plan to allocate their tax refunds1 to help guide informed financial decisions with long-term goals and needs in mind. According to the survey data, the top two priorities for Americans are saving for emergencies and paying down debt.1 On the other hand, one of the less common ways that individuals are using their tax refunds is by saving for retirement.1

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. A conference call is scheduled for 8:00 a.m. Eastern Time on the same day. 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.

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. With these side-by-side solutions, Lincoln aims to address the shared needs and interests of businesses and not-for-profit organizations for their retirement benefits, while also growing awareness of the value of PEPs. These tailored solutions add to Lincoln’s lineup of group plan solutions totaling more than $1.3 billion in assets.

In honor of Financial Literacy Month, Lincoln Financial Group (NYSE: LNC) today published its 2024 Financial Concerns Report to shine a light on the biggest financial concerns impacting Americans through every stage of their lives and offer insight into whether people are addressing their concerns.

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.

Lincoln Financial Group (NYSE: LNC) continues to innovate by introducing the 1 Year S&P 500® Dual Trigger (Dual Trigger) account option for its fixed indexed annuities – designed to provide upside growth potential in up, flat and even down markets. The Dual Trigger offers investors a dynamic solution that is adaptive to the market, providing more growth opportunities with 100% downside protection.

As International Women’s Day approaches on March 8, a recent study from Lincoln Financial Group (NYSE: LNC) reveals that women are facing more challenges than their male counterparts in managing their finances and planning for retirement. Only 18% of working women have more than $250,000 saved for retirement in their workplace retirement plan, compared to 25% of men,1 and more than 56 million women are living with an acknowledged life insurance coverage gap.2 Women are also facing lower confidence in their decision-making regarding retirement – research shows that 52% of men are extremely or very confident in their retirement planning decisions compared to 35% of women.3

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock. The dividend on the common stock will be payable May 1, 2024 to shareholders of record at the close of business on April 10, 2024.

Lincoln Financial Group (NYSE: LNC) today reported financial results for the fourth quarter and full year ended December 31, 2023.

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared the following preferred stock dividends:

The number of Americans aged 65 and older will more than double in the next 40 years, and more adults than ever are planning for their post-working years. While traditional retirement plans require ample conversations about savings for the future, less of the retirement conversation refers to how retirees intend to spend their days during their non-working years. New research from Lincoln Financial Group1 (NYSE: LNC) shows that 77% of Americans surveyed in their 50s and 60s see retirement as a phase of life during which they will finally be able to pursue the passions and pastimes they did not have time for during their working years. Despite the desire to plan for exactly what they want to do in retirement, only 11% of pre-retirees say they have done a lot of planning for pastimes in retirement.

Lincoln Financial Group (NYSE: LNC) today announced it has been named one of America’s Most Responsible Companies 2024 by Newsweek Magazine. The ranking focuses on a holistic view of corporate responsibility that considers all three pillars of Environment, Social and Governance (ESG).

Lincoln Financial Group (NYSE: LNC) announced today that it will report its results for the fourth quarter and full year ended December 31, 2023 at 7 a.m. Eastern Time on Thursday, February 8, 2024. A conference call is scheduled at 8:30 a.m. Eastern Time the same day. Earnings materials, including the 2023 fourth quarter and full year Earnings Release and Statistical Supplement, will be available on the company’s Investor Relations web page at www.lincolnfinancial.com/investor.

Lincoln Financial Group (NYSE: LNC) today announced that the company has been named to the prestigious Dow Jones Sustainability Index (DJSI) North America for the eighth consecutive year by the S&P Global Corporate Sustainability Assessment (CSA). This index recognizes companies demonstrating leadership in environmental, social and governance (ESG) performance and signifies Lincoln Financial’s continued commitment to corporate responsibility and sustainability.

With the new year approaching, people are setting resolutions with goals for exercising, reading, saving money and more.

Lincoln Financial Group (NYSE: LNC) today announced that it has signed a stock purchase agreement with Osaic, Inc. (Osaic), one of the nation’s largest providers of wealth management solutions, which will acquire Lincoln’s wealth management business, including all ownership interests in the Lincoln subsidiary entities comprising that business. The transaction is expected to provide approximately $700 million of capital benefit to Lincoln upon closing, which is anticipated to be used primarily to increase the company’s risk-based capital ratio. Lincoln also plans to use a portion of the capital benefit to reduce its leverage ratio. There are no expected material impacts to ongoing free cash flow or earnings as a result of this transaction. The transaction is expected to close in the first half of 2024, subject to customary closing conditions, including regulatory approvals.

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock. The dividend on the common stock will be payable February 1, 2024 to shareholders of record at the close of business on January 10, 2024.

What poses the largest risk to a comfortable retirement? It depends on who you ask.

A new study from Lincoln Financial Group (NYSE: LNC) shows that 86% of those surveyed say insurance benefits other than medical insurance are a “must-have or very important” for an employer to offer.1 In today’s economic environment, employees are increasingly interested in workplace benefits that can provide financial protection and support as they face competing financial challenges, including saving enough for emergencies, paying down debt and increasing medical expenses2. As open enrollment approaches, employers have an opportunity to provide resources employees need to feel protected.

Lincoln Financial Group (NYSE:LNC) announced that it received regulatory approval late yesterday for its previously announced reinsurance transaction with Fortitude Reinsurance Company Ltd. (“Fortitude Re”). The transaction will have an effective date of October 1, 2023, and is expected to close later this month. Under the terms of the agreement, upon closing Lincoln will cede approximately $28 billion of in-force universal life with secondary guarantees (“ULSG”), MoneyGuard® and fixed annuity statutory reserves to Fortitude Re.

Lincoln Financial Group (NYSE: LNC) today reported financial results for the third quarter ended September 30, 2023.

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared a quarterly dividend of $562.50 per share on the corporation’s 9.000% Non-Cumulative Preferred Stock, Series D, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.5625 per depositary share (NYSE: LNC PRD). The dividend will be payable December 1, 2023 to holders of record on November 15, 2023. The ex-dividend date will be November 14, 2023.

Lincoln Financial Group (NYSE:LNC) announced today the launch of an expanded suite of health savings solutions designed to empower retirement plan sponsors with a holistic approach to employee financial wellness. The comprehensive offering now includes a fully integrated Health Savings Account (HSA) that serves as a tax-efficient tool to manage qualified medical expenses, achieve savings and pursue retirement readiness.

In an ever-evolving financial landscape, Lincoln Financial Group (NYSE:LNC) continues shedding light on the intricacies of retirement planning through the voices of those who have traveled it before. Recent research conducted by Lincoln reveals that 37% of US adults express shaken confidence in their retirement preparedness¹ serving as a wake-up call for individuals and financial professionals alike to closely evaluate their retirement strategies.

Lincoln Financial Group (NYSE: LNC) announced today that Tina Madon has been named senior vice president (SVP), Head of Investor Relations. She will report to Chris Neczypor, executive vice president, Chief Financial Officer and will become part of the company’s corporate leadership group, effective Oct. 25.

Lincoln Financial Group (NYSE: LNC) has been named the 2023 “Best Variable Index Annuity Carrier” by Structured Retail Products (SRP) Americas, a leading provider of structured products data and intelligence, for a third time.

Lincoln Financial Group (NYSE:LNC) announced today that it will report its third quarter earnings after market close on Wednesday, November 1, 2023. A conference call is scheduled for Thursday, November 2, 2023, at 10:00 a.m. Eastern Time.

Lincoln Financial Group’s (NYSE: LNC) Lincoln Financial Foundation and UNCF (United Negro College Fund) have partnered to establish the UNCF Lincoln Financial Scholars Program – a competitive career development program, focused on students studying at historically Black colleges and universities (HBCUs). The program was developed as part of Lincoln’s steadfast commitment to diversity, equity and inclusion and its 8 Actions to support racial justice and equity.

Lincoln Financial Group (NYSE: LNC) announced that long-tenured leader, Jared Nepa, has been named senior vice president and head of Life and MoneyGuard distribution and is now a part of the company’s corporate leadership group, effective immediately.

As part of its commitment to enhancing the customer experience, Lincoln Financial Group (NYSE: LNC) announced today the launch of its new insurance technology (InsurTech) experience, LincSmart. Through the use of a secure, real-time data exchange with key InsurTech partners, LincSmart streamlines the benefits management experience for Lincoln’s employer customers, leading to improved efficiency, accuracy and reduced administrative burden.

Consumers report that taking care of their families financially is a top priority, yet 68% are prioritizing other financial goals or investments ahead of life insurance, according to new research from Lincoln Financial Group1 (NYSE: LNC). During Life Insurance Awareness Month throughout September, Lincoln Financial is offering three actions consumers can take now to make life insurance a priority.

Lincoln Financial Group (NYSE: LNC) today announced the election of Owen Ryan as a director to serve on the company’s board of directors effective September 11, 2023, increasing the size of the board from eleven to twelve directors.

Lincoln Financial Network (LFN) announced that Adam Wilson has joined as vice president of strategic partnerships, vendor and platform management.

Lincoln Financial Group (NYSE: LNC) announced today that Amber Williams, Chief Sustainability Officer and Head of Client Investment Strategies, has been recognized by Philadelphia Business Journal on its 2023 Women of Influence list. The prestigious award recognizes the region’s most impactful women leaders who are making a difference in their communities and leaving a mark on Greater Philadelphia’s business community.

Lincoln Financial Network’s LincABLE (Lincoln Accelerating Business Leadership Experiences) program recently earned the Equity Award from the Urban League. The company’s program was highlighted for providing mentorship, financial education and career development opportunities for Black and African American high school students in Philadelphia. With only 2.9% of financial advisors in the industry today identifying as Black or African American1, LincABLE also aims to increase representation in the financial services industry, a core tenant of Lincoln Financial Group’s overarching diversity, equity and inclusion strategy.

Lincoln Financial Group (NYSE: LNC) is celebrating the 20th anniversary of the opening of Lincoln Financial Field and its long-standing partnership with the Philadelphia Eagles.

This month, Lincoln Financial Group (NYSE: LNC) celebrates the 35th anniversary of its MoneyGuard® product suite by encouraging all Americans to have open and realistic discussions about long-term care.

Lincoln Financial Group (NYSE: LNC) continues to enhance the experience it provides to employer clients with a new digital implementation tool. Powered by onboarding software provider GUIDEcx, the digital tool works to simplify and expedite the implementation process for new group benefits customers by offering real-time progress updates and 24/7 access to the platform.

Lincoln Financial Group (NYSE: LNC) continues to innovate its best-selling registered indexed-linked annuity (RILA), Lincoln Level Advantage®, with the introduction of two new crediting strategies – Dual Performance Trigger and Dual15 Plus – designed to allow for more upside in down markets. These enhancements come as 85% of U.S. adults say they’d like to invest their money in a solution that protects them from losses during times of market volatility,2 according to recent data by Lincoln Financial Group.

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock. The dividend on the common stock will be payable November 1, 2023 to shareholders of record at the close of business on October 10, 2023.

For the fifth time, RDK Advisors – a financial services firm based in San Antonio, Texas, headed by Robert D. Kinnally, Jr., CLU – has been awarded the 2022 President’s Trophy by Lincoln Financial Network (LFN). The President’s Trophy, the highest recognition within LFN’s Agency Distribution channel, is presented annually in recognition of a firm’s commitment to client service, talent and financial strength. The RDK Advisors group, which includes registered representatives of Lincoln Financial Securities (LFS), was also awarded the honor in 2015, 2016, 2019 and 2020.

Lincoln Financial Group (NYSE: LNC) today reported net income available to common stockholders for the second quarter of 2023 of $502 million, or $2.94 per diluted share, compared to net income available to common stockholders in the second quarter of 2022 of $833 million, or $4.83 per diluted share. Second quarter adjusted income from operations available to common stockholders was $343 million, or $2.02 per diluted share, compared to adjusted income from operations available to common stockholders of $367 million, or $2.13 per diluted share, in the second quarter of 2022.

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared the following preferred stock dividends:

Lincoln Financial Group (NYSE: LNC) today announced that for the eighth consecutive year, it has been named as a Best Place to Work for Disability Inclusion, earning a 100% score on the 2023 Disability Equality Index®. A joint initiative between the American Association of People with Disabilities (AAPD) and Disability:IN, the Index recognizes Lincoln’s continued commitment to creating an accessible, inclusive environment for people with disabilities.

Lincoln Financial Group (NYSE:LNC) announced today that it will report its second quarter earnings after market close on Wednesday, August 2, 2023. A conference call is scheduled for Thursday, August 3, 2023, at 10:00 a.m. Eastern Time.

Lincoln Financial Group (NYSE: LNC) announced several enhancements to its Retail Solutions organization's leadership team, further strengthening alignment between Lincoln's Life and Annuity businesses. Stephen Turer has been promoted to Head of Insurance Solutions, overseeing Lincoln’s Life, MoneyGuard® and Annuity product lines. Thomas Diemer has been appointed Chief Financial Officer (CFO) of Retail Solutions. Both Turer and Diemer will report to Matt Grove, Executive Vice President and Head of Retail Solutions.

Lincoln Financial Group (NYSE:LNC) today shared its 2022 Corporate Social Responsibility (CSR) report, In This Together, highlighting the company’s significant and ongoing contributions to improving the well-being of its employees, customers and communities.

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock. The dividend on the common stock will be payable August 1, 2023 to shareholders of record at the close of business on July 10, 2023.

According to a recent study from Lincoln Financial Group (NYSE: LNC), more than 60% of retirees would like to go back and plan differently for their retirement if they could.2 Overwhelmingly, retirees wish they’d started saving earlier and saved more for retirement. Other “would’ve, could’ve, should’ve” reflections include choosing investments that provide a steady stream of income, with 63% reporting they’d like to receive an automatic paycheck from their retirement assets; and planning better for the unexpected like inflation and volatility, with 85% interested in investing in solutions that protect them from losses during market volatility.

Increased stress levels are taking a physical and mental toll on employees across the country, with concerns around finances being a top contributing factor. New research from Lincoln Financial Group (NYSE:LNC) shows that 93% of employees surveyed feel stressed, with 32% saying this stress has negatively impacted their ability to focus on improving their health and well-being.1

Lincoln Financial Group (NYSE:LNC) announced today that it will hold its annual meeting of shareholders on Thursday, May 25, 2023, at 9:00 a.m. Eastern Time in Philadelphia.

Lincoln Financial Group (NYSE: LNC) today announced that Andrew (Andy) Rallis will join the company on May 15, 2023 as Executive Vice President, Chief Risk Officer.

Lincoln Financial Group (NYSE: LNC) today reported a net loss available to common stockholders for the first quarter of 2023 of $(909) million, or $(5.37) per diluted share, compared to net income available to common stockholders in the first quarter of 2022 of $1,481 million, or $8.39 per diluted share. The net loss available to common stockholders this quarter was primarily driven by unfavorable impacts from a portion of the MRB and hedge instrument fair value changes. A favorable portion of the MRB fair value change flowed through AOCI, approximately offsetting the impact to total stockholders’ equity.

Lincoln Financial Group (NYSE: LNC) and Fortitude Reinsurance Company Ltd. (“Fortitude Re”) today announced that they have entered into an agreement under which Lincoln will cede approximately $28 billion of in-force ULSG, MoneyGuard and fixed annuity statutory reserves to Fortitude Re.