Lincoln annuity seeks to ride TDFs’ coattails
Its new guaranteed-income annuity is the first to invest solely in target-date funds
Lincoln Financial this week launched a variable annuity built exclusively with target-date funds, which it said is the first such product on the market with a guaranteed income option.
In doing so, the company is banking on investors’ familiarity with TDFs, which are by far the most common defa
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