Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Annuities > Fixed Annuities

Lincoln Financial, Primerica Team Up to Offer Fixed Indexed Annuities

Your article was successfully shared with the contacts you provided.

Lincoln Financial Distributors (LFD), Philadelphia, the wholesale distribution subsidiary of Lincoln Financial Group (NYSE: LNC), and Primerica, Inc. (NYSE: PRI), an independent financial services marketing company, have partnered in an alliance that enables most of Primerica’s licensed representatives to offer Lincoln’s fixed index annuity product.

Starting this month, pre-selected Primerica reps in the U.S. can begin to offer Lincoln’s New Directions® and OptiChoice™ (seven-year-surrender only) products, which are targeted for the middle market. According to a company statement, the products “are designed for a predictable return with growth potential and to ensure income distribution during retirement years.” An official national distribution launch is scheduled for early 2012.

Lincoln is also establishing a dedicated Primerica team that will coordinate business from its back office to its field wholesalers and internal sales support.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.