RADNOR, Pa.–(BUSINESS WIRE)–As a part of its dedication to enhancing the shopper expertise, Lincoln Monetary Group (NYSE: LNC) introduced at present a brand new partnership with industry-leading advantages expertise agency PlanSource. Tied to Lincoln Monetary’s Group Benefits enterprise and its multi-year expertise funding technique, the partnership will assist ship a consumer-friendly worker advantages buying expertise for people, whereas supporting key dealer companions and serving to scale back the executive burden on employer clients.
Millennials are the most important era within the workforce at present, and the overwhelming majority (89%) say that understanding a profit and the way it works is a vital consider deciding which advantages to decide on at work1. PlanSource delivers a modernized purchasing expertise for advantages, providing enhanced instructional supplies to assist staff higher perceive the advantages provided.
“Our options can solely assist somebody if they’re enrolled,” stated Bob Reiff, senior vice chairman, head of Distribution and Shopper Options, Lincoln Monetary Group. “PlanSource has a knack for simplifying advantages and displaying them in a manner that’s straightforward for workers to grasp and finally enroll in.”
Brokers throughout the group advantages {industry} work with PlanSource, and this new relationship ensures that Lincoln is aligned with the advantages expertise options brokers are providing their shoppers.
Moreover, PlanSource is making investments in expertise and operational processes, which eases what could be a vital administrative burden on an employer’s Human Sources division.
“Lincoln understands that day-after-day experiences — the convenience of ‘born digital’ corporations — affect our clients’ expectations of their worker advantages shopping for expertise,” stated Reiff. “I’m thrilled that this partnership will drive a greater buyer expertise — for our brokers, our employer shoppers and their staff.”
About Lincoln Monetary Group
Lincoln Monetary Group offers recommendation and options that assist empower folks to take cost of their monetary lives with confidence and optimism. At the moment, greater than 17 million clients belief our retirement, insurance coverage and wealth safety experience to assist deal with their way of life, financial savings and earnings targets, in addition to to protect towards long-term care bills. Headquartered in Radnor, Pennsylvania, Lincoln Monetary Group is the advertising and marketing title for Lincoln Nationwide Company (NYSE:LNC) and its associates. The corporate had $247 billion in end-of-period account values as of March 31, 2020. Lincoln Monetary Group is a dedicated company citizen included on main sustainability indices together with the Dow Jones Sustainability Index North America and FTSE4Good. Devoted to range and inclusion, Lincoln earned excellent 100 p.c scores on the Company Equality Index and the Incapacity Equality Index. Lincoln has additionally been acknowledged in Newsweek’s Most Accountable Corporations and is amongst Forbes’ World’s Greatest Employers, Greatest Massive Employers, Greatest Employers for Variety, Greatest Employers for Girls and ranked on the JUST 100 checklist. Study extra at: www.LincolnFinancial.com. Observe us on Facebook, Twitter, LinkedIn, and Instagram. Join electronic mail alerts at http://newsroom.lfg.com.
About PlanSource
PlanSource is a expertise firm pushed to create a greater advantages expertise for employers and their staff. Greater than 5 million customers obtain their advantages by means of the PlanSource platform, which offers versatile and intuitive software program and providers for advantages administration. By combining industry-leading software program and a full suite of technology-enabled providers, PlanSource offers corporations of all sizes with an entire resolution for advantages purchasing, enrollment, billing, compliance and administration. Study extra at www.plansource.com.
PlanSource is a registered trademark of PlanSource Advantages Administration, Inc., and PlanSource owns different registered and unregistered emblems. Different names used herein could also be emblems of their respective homeowners.
LCN-3090615-051820
1 Millennial & Gen Z Reflections on Office Advantages & Monetary Planning, Lincoln Monetary and The Middle for Generational Kinetics
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