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Lincoln Renames Annuity Unit

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NU Online News Service, Mar. 7, 1:02 p.m. – Lincoln Financial Corp., Fort Wayne, Ind., is changing the name of the unit that handles individual annuities, employer-sponsored plans and fixed annuities to Lincoln Retirement, to reflect the company’s new focus on the retirement market.

The unit, which is based in Fort Wayne, will be led by Lorry Stensrud, who joined Lincoln in June 2000, the company says.