Lincoln Financial Group has introduced Lincoln Alliance, a mutual fund retirement solution designed for small-to-mid-sized retirement plans with assets of $2 million or more.
As typical of large plans, the offering includes independent fiduciary support from Ibbotson Associates, investment advice from Morningstar, a wide range of investment options from a lineup of 9,000 funds across 610 fund families, annual plan reviews and guidance on ERISA Section 404(c).
It also includes as asset allocation model that addresses a participant’s time horizon for retirement, along with their risk tolerance.
“Lincoln is committed to helping plan sponsors motivate their participants to take actions that lead to better retirement outcomes,” said Chuck Cornelio, president of Lincoln Retirement Plan Services. “By offering this successful program to a broader audience, we are increasing our ability to boost the retirement readiness of participants in every market and size.”
-- This article first appeared on Securities Technology Monitor.