Lincoln Financial enhances FIAs

Lincoln Financial announced the latest enhancements to its fixed indexed annuities to help meet investor needs for more upside growth opportunity and diversification. Lincoln has added a 1 Year Cap Lock account that tracks the performance of the S&P 500 and a 1 Year Participation account that tracks the performance of the Nasdaq Priva™ Index, available exclusively with a Lincoln OptiBlend^® fixed indexed annuity.

"In today's market environment, investors want more options for predictable growth and protection from volatility to help them feel confident in their financial plan. FIAs inherently offer full protection when markets are down, and Lincoln's new Cap Lock strategy adds certainty by locking-in their cap for the duration of the term for when markets are up, giving investors greater assurance in their investment outcome," said Dan Herr, SVP, annuity product management at Lincoln Financial. "With our latest FIA innovations, Lincoln continues to focus on meeting the needs of consumers as we accelerate our strategic focus on growing spread-based businesses."

New features include:

• The 1 Year S&P 500 Cap Lock account offers investors growth up to the cap, which is "locked in" for multiple years, when index performance is positive, and 100% downside protection when the index performance is negative. Locking in the cap rate helps investors balance stability and growth opportunities.
• The 1 Year Nasdaq Priva Participation account allows investors to participate in the upside potential of innovation-driven and new economy equity growth with downside protection. The Nasdaq Priva™ Index is a core equity-only strategy that aims to provide access to innovative, growth-oriented equities, and is designed to adapt to changing regimes in inflation and interest rates.

"The Nasdaq Priva Participation account provides investors with opportunities for greater upside growth in positive markets and diversification with highly experienced asset management — exclusively through a Lincoln FIA," said Tim Seifert, SVP, head of retirement solutions distribution at Lincoln Financial. "With Lincoln's new FIA strategies, financial professionals can provide clients with more choices for growth without sacrificing protection."