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Pollard & Associates
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Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
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Press Release Lincoln Financial Launches New Retirement Plan Participant Experience |
Issued by Lincoln Financial Group Jan. 6, 2022 |
RADNOR, Pa. -- Lincoln Financial Group (NYSE: LNC) announced today the launch of its new retirement plan participant website, featuring intuitive navigation and innovative tools to help participants plan for and achieve income in retirement. The new mobile-adaptive design not only provides a simple and secure digital experience, but offers participants a clear picture of where they are on their paths to retirement, including easy access to information that can help them achieve their target income goals or increase contributions at the click of a button. “Through our newly redesigned site, participants can access personally relevant information and streamlined plan transactions — all designed to drive positive outcomes,” said Sharon Scanlon, senior vice president of Customer Experience, Producer Solutions and Retirement Plan Services Operations at Lincoln Financial Group. “Through research, user analytics and usability testing, this new digital experience is designed to help meet the evolving needs, wants and expectations of plan participants, and help them save for and work toward the retirement they envision.” According to Lincoln Financial Group’s 2021 Retirement Power® study, nearly eight in 10 U.S. workers have been motivated to reevaluate their finances, career and retirement as a result of the pandemic.1 The newly enhanced site helps pave the way for those seeking to improve their financial outlook, with digital tools and functionality that encourage participants to engage more with their accounts, regularly check progress and take actions to help improve retirement readiness. The new participant site features include:
In addition to increased functionality, the new online experience also features an online content hub with videos, articles and tools to help participants educate themselves on the financial topics that are important to them. The site also offers single sign-on access to Lincoln WellnessPATH, an online financial wellness solution. Balancing financial priorities is one of the main causes of stress among workers, with an overwhelming 90% of full-time U.S. employees saying they are concerned about some aspect of financial wellness.4 Offering direct access to financial wellness tools can help participants eliminate barriers and allow them to better plan for and work toward their financial goals. “At Lincoln, we have the opportunity and the responsibility to help every participant we serve not just save for their future, but also help them balance their financial needs today,” said Scanlon. “Our new online experience helps achieve that, making it easier for participants to get an accurate picture of their holistic financial situation, and take positive steps needed to help secure their tomorrow.” About Lincoln Financial Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, and guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $322 billion in end-of-period account values as of September 30, 2021. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index, and rank among Newsweek’s Most Responsible Companies. Learn more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com. |
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