17th June 2008

Lincoln Financial Group launches live online illustrations for retirement solutions

Lincoln Financial Group launches live online illustrations for retirement solutions

Lincoln Financial Group has enhanced its online capability to allow financial advisers the opportunity to explore the many options their Lincoln i2 Live proposition offers and even fast track their illustrations online. Lincoln i2 Live provides flexible solutions for retirement situation with its i2 Live Accumulator, i2 Live Drawdown and i2 Live Annuity products.

The online capability allows advisers to generate bespoke illustrations for clients through the Lincoln adviser website http://www.lincoln-ifa.co.uk/. Once an adviser has registered on the Lincoln Retirement Income section, a password is issued allowing access to the online illustration system.

As well as enhancing the capability to provide online illustrations, Lincoln Financial Group has also created a new online fund filter tool which allows advisers to search the 71 Lincoln Retirement Income funds offered using a range of selection criteria. Advisers are able to view online fund factsheets and underlying fund performance data, as well as take advantage of a charting tool which allows them to compare funds against other Lincoln funds and indices.

Head of Product and Marketing, Simon O’Connor, said: “We understand that the ability to generate illustrations for clients in a timely and manageable fashion is increasingly important for advisers. The update to the fund selection process, assisting advisers in making an informed selection for their Lincoln i2 Live investment, is also an important development and one which highlights our continued commitment to provide advisers with the appropriate level of support and information.

“The retirement income market has gone through rapid development over recent years and it is important that providers recognise the need to support advisers through every stage of the advice process and via the most appropriate channels.”

Lincoln has also added three new passive funds to its fund range; Lincoln Flexible Passive Managed, Lincoln Balanced Passive Managed and Lincoln Cautious Passive Managed. These new funds widen the product’s reach to encompass the preferences of a broader section of financial advisers.

Lincoln i2 Live offers three products under one umbrella including a personal pension plan, drawdown and an investment-linked flexible annuity. It allows clients to accumulate a retirement income pot with a range of flexible options on taking an income in retirement. Crucially, the flexible income opportunities do not end at 75. Lincoln i2 Live takes clients and their dependants through retirement.

The unique Income Guarantee Option is available through i2 Live Drawdown and i2 Live Annuity. The guaranteed minimum income is reviewed every five years in i2 Live Drawdown, at the date of conversion to i2 Live Annuity and every five years in i2 Live Annuity.

Test drive the new online illustrations system and you could win a fantastic day at the track

To make sure you can create illustrations quickly and easily, all you have to do is register on the Lincoln Retirement Income site now and take it for a test drive. As a thank you your name will be entered into a prize draw and if you win you'll be zooming off on a thrilling track experience*.

To find out more please visit http://www.lincoln-testdrive.co.uk/

*Terms and conditions apply

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