Investment Instruments

Lincoln Financial announced that Jim Lyday has joined the company as head of Institutional Retirement Solutions Distribution.

ING will begin offering the ESG Managers Portfolios to participants in some of its defined contribution retirement plans as part of an ongoing effort to provide customers with socially responsible investment options.

An annual study from Milliman of guaranteed living benefits on variable annuity policies shows that withdrawal utilization on GLWBs is nearly 15 percent within the first 12 months of eligibility.

A round-up of the week’s employee benefits news, reports and controversy from around the web

ING has expanded its fiduciary service offerings to help defined contribution plan sponsors navigate their responsibilities under ERISA.

MetLife and other major insurance companies are being questioned by 35 states on their claim settlement practices as part of an investigation to determine whether the companies delayed payment to beneficiaries and withheld unclaimed property from states.