Lincoln Adds Retirement Plan Line For Smaller Employers

A life insurer has come out with a program that uses both mutual funds and collective trusts as the foundation for small and midsize retirement plans.

The Lincoln Employer Markets division at Lincoln National Corp., Philadelphia, says the new Lincoln SmartFuture retirement program will provide bundled recordkeeping and administrative services, a choice of 110 investment options, and access to fiduciary guidance and discretionary account advice services.

Use of collective trusts can help keep costs low, Lincoln says.