Lincoln Financial (LNC) Unit, Primerica (PRI) Enter Retirement Solutions Collaboration
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Lincoln Financial Distributors (LFD), the wholesale distribution subsidiary of Lincoln Financial Group (NYSE: LNC), and Primerica, Inc. (NYSE: PRI), have formed a strategic alliance enabling approximately 82,000 of the company's 92,000 licensed representatives to offer Lincoln's Fixed Indexed Annuity product as part of its suite of retirement planning solutions.
Implementation of the alliance will occur in two phases: the first phase will start immediately and the final phase, including an official national distribution launch, is scheduled early in 2012.
In addition, Lincoln announced that it is putting in place a dedicated Primerica team which will be focused on coordinated activities from its back office to its field wholesalers and internal sales support.
Implementation of the alliance will occur in two phases: the first phase will start immediately and the final phase, including an official national distribution launch, is scheduled early in 2012.
In addition, Lincoln announced that it is putting in place a dedicated Primerica team which will be focused on coordinated activities from its back office to its field wholesalers and internal sales support.
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