Close Close
ThinkAdvisor

Life Health > Life Insurance

Lincoln Merges Investment Option Families

X
Your article was successfully shared with the contacts you provided.

A large life insurer is moving ahead with efforts to integrate its own investment operations and the investment operations of a company it acquired a year ago.

Lincoln National Corp., Philadelphia, says it has merged the Lincoln Variable Insurance Product Trusts and the Jefferson Pilot Variable Fund Trusts into a new 31-fund LVIP Trust family.

Lincoln acquired Jefferson-Pilot Corp., Greensboro, N.C., in April 2006.

Lincoln uses the trust investment funds, which manage a total of $12 billion in assets, in a variety of variable universal life, variable annuity, corporate-owned life insurance and retirement plan products.

The newly merged fund family includes 4 new “target maturity funds” and a global real estate fund, Lincoln says.


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.