Following the launch in July, IFAs will be able to access comparative quotations, product literature and illustrations on a range of new Lincoln products.
Lincoln’s first products to be added to Exweb will include the provider’s new protection and investment products, designed exclusively for IFA distribution. This includes Lincoln’s new ‘Manager of Manager’ (MOM) Investment Bond, with the option to choose from one or more of its 22 life funds, managed by 10 different fund managers. Goldman Sachs, Framlington, Delaware International, Jupiter, Castlemere and Investment Manager Selection (IMS) funds are exclusively available through this Lincoln life product. Other funds available with the investment bond include those managed by Invesco Perpetual and Schroders.
Apart from servicing the requirements of its existing 500,000 customers, Lincoln now distributes its products and funds solely through IFAs.
David Child, managing director of the Exchange, comments:
“We are sure that the addition of Lincoln’s products to our quotation services will be of great benefit to our users. Our aim is to ensure that our Exweb service remains the most comprehensive in the market place so that it can add real value to IFA businesses. The addition of specialist providers such as Lincoln reinforces the value to IFAs”
Brian Sceats, marketing communications manger at Lincoln, comments:
“The Exchange’s Exweb portal offers us a great opportunity to reinforce our commitment to the IFA market. We have a competitive range of products backed-up by award-winning fund management from companies such as Delaware and Goldman Sachs and exclusive access to funds from Framlington, Jupiter, IMS and Castlemere. Giving Exweb’s users access to these products is a very important step in our strategy to extend both awareness of our products and accessibility to them. ”
At this year’s Standard & Poor’s Awards, Lincoln was awarded first place in the UK insurance funds category over one year (smaller group) for delivering consistent performance.
