Lincoln Financial Distributors (Lincoln), the wholesale distribution subsidiary of Lincoln Financial Group, announced that LPL Financial, a wholly-owned subsidiary of LPL Financial Holdings, a broker-dealer, Registered Investment Advisor custodian and independent consultant to retirement plans, has adopted Lincoln’s Annuity Visualizer as an addition to its annuity tools and resource platform.
The Annuity Visualizer seeks to break down the retirement message and educate advisors on how to communicate the value of annuities in a digestible way.
The Annuity Visualizer was developed in 2012 after Lincoln repeatedly heard calls from advisors for a way to streamline the education process and overall experience for clients. The interactive tool incorporates hypotheticals and case studies leaving the advisor with a clear avenue to convey to clients the importance of annuitizing their wealth.
The Guardian Insurance & Annuity Company Inc. (GIAC) the wholly-owned subsidiary of The Guardian Life Insurance Company of America (Guardian) announced the launch of their new plan participant website.
The site, 401k.guardianlife.com provides access to an array of tools and educational resources in the hope of increasing plan enrollee participation and therefore preparedness for retirement. Articles, website tutorials, online saving and retirement calculators (which were recently touted as successful by the Employee Benefit Research Institute’s “2013 Retirement Confidence Study”) and a magazine style enrollment kit are all components of the site.
The theory is that by having individuals actively engaged in their retirement planning they will see what they have at stake and become better prepared.