After the DOL fiduciary guidelines, some people are under the false impression that all commission-based products are bad for consumers. This simply isn’t the case. You have to take into account both the individual product details as well as the length of time that the …
Lincoln National Corp. has seen strong variable annuity sales this year. After the first three quarters of the year, they had more than $10 billion in variable annuity sales. That is the highest volume they have seen in the past six years. This information comes …
After severe fourth-quarter losses, annuity provider Lincoln National has decided to enter a reinsurance agreement with Commonwealth Annuity and Life Insurance Co. The Wall Street Journal’s Kerry E. Grace writes that the plan will result in capital relief of around $240 million. Details of the …
The Retirement Income Reporter recently reported on annuity provider Lincoln National receiving $300 million in regulatory tax relief from the state of Indiana. The Indiana Department of Insurance is allowing the life insurance company to use a certain accounting practice with deferred tax assets that …
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