Lincoln Offers Morningstar Managed Accounts Service

According to a release, the offering enhances Morningstar Associates’ guidance service already available to the Lincoln Alliance and Lincoln SmartFuture retirement programs by adding a discretionary account management service option called Managed by Morningstar. With Morningstar Retirement Manager, plan participants receive a personalized retirement strategy, including a retirement income goal assessment, recommended savings rate, and construction of an appropriate portfolio strategy based on a participant’s goals and personal situation.

The managed account service also provides participants with automatic investment selection, ongoing account monitoring, and quarterly progress reports to help them track their advancement toward their goals.