Lincoln Financial Group Introduces American Legacy® LVIP American Allocation Funds

{"s" : "lnc","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Press Release Source: Lincoln Financial Group On Wednesday December 15, 2010, 1:00 pm EST

PHILADELPHIA, Dec. 15, 2010 /PRNewswire/ -- Lincoln Financial Group (NYSE:LNC - News) today announced the introduction of Lincoln Variable Insurance Product (LVIP) American Allocation Funds, a fund-of-funds investment option available through their American Legacy® suite of variable annuity products. Designed with diversification in mind, LVIP American Allocation Funds offer investors three important benefits to help protect them against market volatility, including:

a broad reach of investment options; market responsiveness through on-going oversight; and the flexibility to meet changing investment needs through fund rebalancing and repositioning.

Highly regarded for their seasoned leadership and investment management experience, American Funds and Lincoln Financial Group forged a partnership nearly 25 years ago to create American Legacy®, the only single-manager variable annuity available in the marketplace. Today, the companies pride themselves in offering people competitive products they can count on while investing for their long-term retirement goals.

"Lincoln Financial's investment management expertise coupled with American Fund's consistent investment philosophy provides a strong foundation for these new LVIP American Allocation Funds," said Dan Hayes, Head of Funds Management, Retirement Solutions, Lincoln Financial Group. "The introduction of LVIP American Allocation Funds represents Lincoln Financial and American Funds' continued commitment to enhancing the American Legacy® offering to help investors achieve confidence in their long-term investments through flexibility and diversification."

Managed by Lincoln Investment Advisors Corporation, a wholly owned subsidiary of Lincoln National Corporation, and in consultation with Wilshire Associates, the LVIP American Allocation Funds invest in American Funds Insurance Series® (AFIS) and other select American Funds retail mutual funds, providing investors with a choice of three variable product investment models designed for contract holders with selected investment goals and risk tolerance levels. Each model – Growth, Balanced and Income – offers a unique asset allocation and underlying American Funds fund selection consistent with its investment strategy, enabling investors to diversify with confidence and convenience.

The fund-of-funds investment approach offers unique advantages including a simplified process to help investors achieve a diversified portfolio; exposure to a wide variety of asset classes, regions and investments styles; and ongoing monitoring and rebalancing to ensure that each Fund is positioned to take advantage of current market conditions. The asset allocation of each fund will be rebalanced on a quarterly basis and adjusted annually or as needed in response to market changes.

Disclosure

Variable annuities are long-term investment products designed for retirement purposes and are subject to market fluctuation, investment risk and possible loss of principal. Variable annuities contain both investment and insurance components, and have fees and charges, including mortality and expense, administrative and advisory fees. Optional features are available for an additional charge and are based on the financial strength of the insurer. The annuity's value fluctuates with the market value of the underlying investment options, and all assets accumulate tax-deferred. Withdrawals of earnings are taxable as ordinary income and, if taken prior to age 59½, may be subject to a 10% federal tax penalty. Withdrawals will reduce the death benefit and cash surrender value.

Asset allocation does not assure a profit or guarantee against a loss.

Variable products are sold by prospectus. Consider the investment objectives, risks, charges, and expenses of the variable product and its underlying investment options carefully before investing. The prospectus contains this and other information about the variable product and its underlying investment options. A prospectus is available by calling 888 868-2583. Read it carefully before investing.

American Legacy variable annuities (contract forms 30070-A, 30070-B and state variations) are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker/dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so. Contracts sold in New York (contract forms NY28618-A, 30294-NY, 30070ANYFA1, 30070BNYFA3 and 30070BNYFA1) are issued by Lincoln Life & Annuity Company of New York, Syracuse, NY, and distributed by Lincoln Financial Distributors, Inc., a broker/dealer.

Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC - News) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $150 billion as of September 30, 2010. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability insurance; 401(k) and 403(b) plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.

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Sun Life Financial Introduces Two Innovative Living Benefits for Masters® Variable Annuities to Address Key Retirement Income Planning Needs

{"s" : "slf,slf.to","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Press Release Source: Sun Life Financial Inc. On Monday December 13, 2010, 11:07 am EST

WELLESLEY, Mass.--(BUSINESS WIRE)-- Sun Life Financial Inc. (TSX/NYSE:SLF) announced today two solutions designed to address key risks Americans face when planning for withdrawing income from their retirement savings. The new Sun Income MaximizerSM and Sun Income MaximizerSM Plus living benefits are designed to help investors protect and maximize their retirement income in any financial market environment. Sun Income Maximizer Plus offers many of the same features as Sun Income Maximizer, plus the benefit of protecting the purchasing power of retirement income from rising costs.1 Both living benefits are available with the Masters variable annuities for an additional cost.

“The phase-out of guaranteed pensions demands a new approach to retirement income planning,” said Steve Deschenes, Senior Vice President and General Manager for annuities at Sun Life Financial (U.S.). “Today’s retiring Baby Boomer generation have few options to guarantee they don’t outlive their money, to protect against adverse market events and to ensure their ‘retirement paycheck’ increases steadily to help meet rising costs over time. We believe these riders directly address those needs.”

Sun Income Maximizer protects retirement income in the event of down markets, and provides lifetime income growth through one of the following two guarantees:

an 8% simple interest bonus, available during the first 10 contract years for each year prior to taking withdrawals, is added to the benefit base (the amount used to calculate lifetime income); or an increase of the benefit base equal to at least 200% of the first year’s purchase payments if the client waits until age 70 (or 10 years from issue, if this date is later) to take lifetime income payments.

The guarantee that results in a higher benefit base is used to determine the yearly amount of lifetime income.

Using these guarantees allows investors to maximize the growth of their income later on when they reach their retirement date.

In addition to providing many of these same benefits, Sun Income Maximizer Plus helps investors to keep pace with rising costs. When the withdrawal of retirement income begins, both the investor’s benefit base and lifetime income automatically increase each year at a compounded rate of 2.50%. This provides the client with a dependable, increasing cash flow every year for life—even if markets decline.

Terry Mullen, President, Sun Life Financial Distributors, added: “These benefits will allow the financial advisors to provide powerful retirement income solutions to a wider group of clients—those that are more risk averse and are focused on preserving their wealth. We think this is a win-win for both advisors and their clients.”

Sun Life’s popular optional living benefit Sun Income Riser® has been renamed Sun Income Riser III and is still available for sale along with the two new living benefits. Clients now have three choices with the Masters variable annuities to personalize a retirement income plan that is guaranteed for life.

To learn more, go to https://www.sunlifedistributors.com/prodline/public/annuity/va/masters/living-benefits/en/living-benefits_home.cfm

About Sun Life Financial

Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. In the United States and elsewhere, insurance products are offered by members of the Sun Life Financial group that are insurance companies. Sun Life Financial Inc., the holding company for the Sun Life Financial group of companies, is a public company. It is not an insurance company and does not offer insurance products for sale in the United States or elsewhere, and does not guarantee the obligations of its insurance company subsidiaries. Product offerings may not be available in all states and may vary depending on state laws and regulations.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. As of September 30, 2010, the Sun Life Financial group of companies had total assets under management of US$442 billion. For more information, please visit www.sunlife.com/us.

1. Both benefits are available with Masters variable annuities for an additional cost, and only one may be selected when the client purchases the variable annuity. Sun Income Maximizer costs 1.10% annually of the benefit base (1.30% for joint life coverage), and Sun Income Maximizer Plus costs 1.25% annually of the benefit base (1.45% for joint life coverage). The cost can decrease or increase at any time, but will never exceed 1.75% annually of the benefit base (1.95% for joint life coverage). Costs are assessed quarterly and deducted from the contract value of the annuity.

Please note that the benefit base used to calculate withdrawals under all of these living benefits is not a cash value, a surrender value, or a death benefit. It is not available for withdrawal, it is not a minimum return for any investment option, and it is not a guarantee of contract value.

Sun Income Maximizer, Sun Income Maximizer Plus, and Sun Income Riser III are not available in New York. These optional living benefits have conditions, limitations, and investment restrictions. Please note that the timing and amount of withdrawals from these living benefits may significantly affect rider guarantees, and in some instances could severely reduce benefits.

Annuities are long-term financial vehicles designed for retirement purposes. Variable annuities provide tax deferral, a lifetime income stream, and a death benefit. All withdrawals of taxable amounts, including earnings, are taxable as ordinary income and, if taken prior to age 59½, may be subject to a 10% federal tax penalty. Withdrawals may also be subject to possible withdrawal charges.

All product guarantees are subject to the claims-paying ability of the issuing insurer. Products and features may not be available in all states.

Investors should carefully consider the investment objectives, risks, charges, expenses of an investment in a variable annuity. The prospectus contains this and other important information. Prospectuses for both the variable annuity product and the underlying investment options may be obtained from your financial professional or by visiting www.sunlife.com/us. Please read all prospectuses carefully before investing or sending money.

Sun Life Financial annuities are issued by Sun Life Assurance Company of Canada (U.S.) (Wellesley Hills, MA) in all states except New York. In New York, the annuities are issued by Sun Life Insurance and Annuity Company of New York (New York, NY). Variable annuities are distributed through Sun Life Financial Distributors, Inc. All three companies are members of the Sun Life Financial group of companies.

SLPC 22693 (11/10)
(Exp. 11/15)

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