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Lincoln Financial Adds Indexed Annuity

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Lincoln Financial Group has teamed up with Market Synergy Group to introduce a new indexed annuity, the Lincoln Retirement Safeguard contract.

(Related: Lincoln Adds Indexed Variable Annuity)

Lincoln Financial’s Lincoln National Life Insurance Company unit will write the annuity.

Market Synergy — an annuity design firm based in Topeka, Kansas — designed the annuity, and Lincoln Financial will offer the annuity through independent marketing organizations (IMOs) affiliated with Market Synergy.

The crediting strategy menu includes a fixed account and four accounts that vary along with the performance of an investment index.

One of the options, the BlackRock iBLD Ascenda Index option, uses exchange-traded funds to tie investment returns to the performance of stocks around the world.

— Read Lincoln Annuity Sales Rise for First Time Since 2013on ThinkAdvisor.

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