23rd November 2007
Lincoln i2Live® - a unique retirement plan from Lincoln Retirement Income®.
Lincoln i2 Live:
- offers flexibility and control with an income guarantee option
- offers clients choice of i2 Live Accumulator™, i2 Live Drawdown™ or i2 Live Annuity™ – and the opportunity to switch between products [without charge, whenever they like]
Our unique income guarantee option
The product range – a first for the UK market - offers three products under one umbrella and includes a unique income guarantee option which is available for clients opting for i2 Live Drawdown or i2 Live Annuity. Crucially the product allows clients to switch between Lincoln’s i2 Live products at no charge and can provide a guaranteed income for life.
The income guarantee can apply to all or part of a payment into i2 Live Drawdown or i2 Live Annuity. At outset and on each plan anniversary, a ‘maximum supportable income’ (MSI) is calculated. This is the yearly income that the fund can support throughout life. The initial guaranteed minimum income is 75% of the MSI at the time the guarantee is taken out and can increase at future five yearly reviews. Income can be taken each year throughout life up to the MSI or the guaranteed minimum income, if greater.
Income that doesn’t have to end at 75
Lincoln i2 Live allows clients to accumulate a retirement income pot with a range of flexible options on taking an income in retirement. Importantly the flexible income opportunities do not end at 75. Lincoln i2 Live takes clients and their dependants through retirement.
In support of this, our fund range has been specifically selected for its suitability for this market with the assistance of specialists Old Broad Street Research. It includes 66 funds from world-renowned managers such as Artemis, BlackRock Merrill Lynch, Fidelity, Gartmore, IMS, Invesco Perpetual, Investec, JP Morgan, Jupiter, M&G, New Star, Norwich Union, Schroders and Standard Life.
More than a year in development, Lincoln i2 Live has drawn on and adapted the group’s heritage and expertise in the US market where parent company Lincoln National Corporation has more than 100 years experience.
New research* by Lincoln Retirement Income shows financial advisers believe traditional retirement options are not meeting client needs – in fact, 67% say conventional annuities do not offer sufficient choice. Why not let us know what you think?
Want to find out more?
Click here to find out more about Lincoln i2Live or below to explore our ground-breaking product range:
Alternatively click here for our contact details.
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