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Lincoln launches new retirement planning service

Lincoln Financial Group has announced the launch of Lincoln i2Live, the
company’s latest foray into the UK retirement planning market.

Lincoln i2Live will offer clients the flexibility to switch between the i2Live Accumulator, i2Live Drawdown or i2Live Annuity products at no charge, with an income guarantee option available to clients who opt for i2Live Drawdown or i2Live Annuity.

The new product range will be operated by Lincoln Retirement Income, a new business unit within Lincoln Financial Group.

The fund range includes 66 funds from 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.

Lincoln Retirement Income head of product and marketing Simon O’Connor says the UK retirement savings market is evolving rapidly and there is a real need for innovative solutions to enable customers to plan for their futures.

He says: “Saving into a pension is possibly the most important investment anyone can make. We believe Lincoln i2Live with its income guarantee option provides a combination of flexibility and control.”

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